Parker Hannifin completes acquisition of Filtration Group Corp

Reuters2026/08/13 13:33

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Parker Hannifin completed its acquisition of Filtration Group Corporation on Aug. 13, 2026.
Deal expected to add about $1.8 billion to Parker’s fiscal 2027 sales over the first 10.5 months.
Sales contribution split projected at 60% from North America diversified industrial businesses, 40% from international operations.
Neutral to adjusted EPS in fiscal 2027’s first quarter; accretive to adjusted EPS for the full fiscal year.
Pre-tax cost synergies estimated at about $220 million by the end of year three.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Filtration Group Corporation published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Parker Hannifin completes acquisition of Filtration Group Corp

You may also like

Crypto prices