Parker-Hannifin Acquires Meggitt for £6.3 Billion

Parker Hannifin to Acquire Filtration Group in $9.25 Billion Deal

November 11, 2025

Industrial Services

Parker Hannifin has signed a definitive agreement to acquire Filtration Group for $9.25 billion. The transaction is expected to significantly expand Parker’s filtration portfolio and strengthen its global aftermarket presence, and is expected to close within six to twelve months subject to regulatory approvals and customary conditions.

Parker Hannifin Acquires Exotic Metals Forming Company

September 16, 2019

Aerospace & Defense

Parker Hannifin Corporation completed the cash acquisition of Exotic Metals Forming Company LLC for $1.725 billion. The purchase brings Exotic's high-temperature, high-pressure air and exhaust management and complex engine turbine hot-section assemblies into Parker's Aerospace group to expand Parker's engine and aircraft systems capabilities.

Kaman Corporation Acquires Parker-Hannifin's Aircraft Wheel & Brake Division for $440 Million

September 16, 2022

Aerospace & Defense

Kaman Corporation entered into a definitive agreement to acquire Parker-Hannifin’s Aircraft Wheel & Brake division for $440 million, subject to working capital adjustment and regulatory approvals. The acquisition was completed on September 16, 2022.

Xaar Acquires Megnajet

March 3, 2022

Manufacturing

Xaar has completed the acquisition of Megnajet, a UK-based designer and manufacturer of industrial ink management and supply systems. The purchase expands Xaar's inkjet solutions portfolio and strengthens its capability to offer more integrated ink supply and electronics systems to OEM customers, while Megnajet will continue to grow under new leadership.

Hammond Power Solutions to Acquire AEG Power Solutions in $365M All-Cash Deal

February 17, 2026

Industrial Services

Hammond Power Solutions has signed an agreement to buy AEG Power Solutions in an all-cash transaction valued at $365 million enterprise value. AEG Power Solutions is expected to operate as a wholly owned subsidiary of HPS, with its leadership team continuing day-to-day oversight. The deal is subject to regulatory approvals and customary conditions, and is expected to close in the second quarter of 2026.

Honeywell to Acquire Johnson Matthey Catalyst Technologies Business (Amended Deal)

May 22, 2025

Industrial Services

Honeywell agreed to acquire Johnson Matthey’s Catalyst Technologies business segment for an amended total consideration of £1.325 billion in an all-cash transaction. The deal is expected to close by the end of August 2026, subject to customary regulatory approvals and conditions.