Parker to Acquire CIRCOR’s Commercial and Defense Aerospace Business
Parker Hannifin has entered a definitive agreement to acquire CIRCOR’s Commercial and Defense Aerospace business for $2.55 billion in cash. The target business generates an estimated $270 million in CY2026 sales with an adjusted EBITDA margin of 40.6%, representing a 22.7x multiple on pre-synergy EBITDA.
Key figures
- Deal Value Usd
- 2550000000
- Target revenue 2026
- 270000000
- Expected cost synergies
- 26000000
- Purchase multiple ebitda
- 22.7x
- Expected tax benefits npv
- 75000000
- Target adjusted ebitda 2026
- 109000000
- Target adjusted ebitda margin
- 40.6%
- Purchase multiple ebitda synergized
- 18.2x
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.