Parker-Hannifin Completes Acquisition of Filtration Group and Secures Financing

Details

To finance the acquisition, Parker-Hannifin borrowed $5.25 billion under a 364-Day Credit Facility and $2.50 billion under a Three-Year Credit Facility. The acquisition was previously disclosed on November 10, 2025, and the credit agreements were entered into on December 10, 2025.

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About Parker Hannifin Corporation

Parker Hannifin Corporation is a leading manufacturer in the motion and control technology sector, playing a pivotal role in the development and production of components and systems that enable precise fluid and pneumatic controls. The company operates through various segments, including aerospace, automation, and filtration, making significant contributions to industries as diverse as manufacturing, transportation, and healthcare. Known for its innovation, Parker Hannifin develops products such as hydraulic systems, electromechanical systems, and pneumatic solutions, all aimed at enhancing operational efficiency and sustainability. Headquartered in Mayfield Heights, Ohio, the corporation's extensive global reach, with operations in over 50 countries, underscores its vital role in serving critical infrastructure and facilitating industrial automation worldwide. Its vast product portfolio and commitment to technological advancement position Parker Hannifin as an essential player in supporting industrial processes and meeting the needs of various sectors focused on efficiency and reliability.