Parker-Hannifin to Acquire KKR-Owned Circor Aerospace for $2.55 Billion

Parker Hannifin is buying KKR's CIRCOR aerospace unit for $2.55 billion

KKR will retain CIRCOR's naval and industrial businesses after the deal, which is expected to close in the second half of 2026

KKR confirms sale of Circor Aerospace to Parker Hannifin in $2.55B deal (KKR:NYSE)

KKR & Co. (KKR) confirmed the sale of Circor Aerospace to the motion and control technologies company Parker Hannifin (PH) in a $2.55B deal.

Parker-Hannifin to acquire KKR-owned Circor Aerospace for $2.55 billion

(Corrects to say the deal is for Circor Aerospace, not the whole firm, in headline, paragraphs 1 ​and 2) May 21 (Reuters) – U.S. investment ‌firm KKR said on Thursday it would sell aerospace division of Circor to motion control products maker Parker-Hannifin for $2.55 billion. Circor Aerospace, which ‌makes ​components for commercial aircraft, ⁠is expected to ⁠strengthen Parker-Hannifin’s presence in high-margin aerospace systems. The deal is pr…

Parker Hannifin To Acquire CIRCOR Aerospace From KKR For $2.6 Billion

Parker Hannifin [PH] on Thursday said it has agreed to acquire CIRCOR Aerospace from the investment firm KKR [KKR] for $2.6 billion in cash in a deal that adds an […]