Parker Completes Acquisition of Filtration Group Corporation
Parker Hannifin completed its acquisition of Filtration Group Corporation, expanding its portfolio of filtration technologies and aftermarket presence. The deal is expected to add approximately $1.8 billion to Parker's fiscal 2027 sales and generate $220 million in pre-tax cost synergies by the end of year three.
Key figures
- Eps impact q1 fy2027
- neutral to adjusted EPS
- Fy2027 sales addition
- $1.8 billion
- Pre tax cost synergies
- $220 million
- Eps impact full year fy2027
- accretive to adjusted EPS
AI analysis
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