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Parker-Hannifin buys KKR's Circor for $2.55B

Parker-Hannifin acquires KKR-owned Circor for $2.55 billion, boosting its aerospace presence.

Alexander Gonzalez
ByAlexander Gonzalez- Senior Editor
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0
Parker-Hannifin buys KKR's Circor for $2.55B
Photo: Prepared by Bond.az

Bond.az - KKR sells Circor to Parker-Hannifin for $2.55 billion.

Circor makes components for military and commercial aircraft.

The deal is expected to close in H2 2026.

Circor employees will receive a dividend from the sale.

KKR retains Circor's naval and industrial businesses.

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