Parker Hannifin completes acquisition of Filtration Group Corp
PH•Acquisition completed
Parker Hannifin completed its acquisition of Filtration Group Corporation, extending its filtration portfolio and aftermarket footprint.
Expected financial impact
- Filtration Group is expected to add about $1.8 billion to fiscal 2027 sales over the first 10.5 months of ownership.
- Sales mix is projected at 60% in Diversified Industrial North America, 40% in international businesses.
- The deal is expected to be neutral to adjusted EPS in the first quarter of fiscal 2027, then accretive for the full year.
- Pre-tax cost synergies are estimated at about $220 million by the end of year three.
