Processing timeline
2
days
Filed
15 July 2026
Decision Due
26 Aug 2026
Est decision date: 17 Aug 2026. Based on 38 decided Professional & Business Services notifications.
Acquirer(s)
Parker-Hannifin Corporation LEI - 5493002CONDB4N2HKI23
Target(s) or Vendor(s)
CIRCOR International, Inc.
Other parties
None listed
Parker-Hannifin Corporation proposes to acquire the Aerospace and Defense business of CIRCOR International, Inc. Both global engineering companies supply fluid control valves for Australian industrial applications. Parker-Hannifin designs motion and control technologies, while CIRCOR A&D manufactures flight-critical motion and flow control products for commercial aircraft and defence.
Parker-Hannifin Corporation (Parker-Hannifin) proposes to acquire the Aerospace and Defense business of CIRCOR International, Inc. (CIRCOR A&D). Parker-Hannifin is a global engineering company headquartered in the United States. It designs, manufactures and supplies motion and control technologies and systems, and provides engineered solutions for a variety of mobile, industrial and aerospace applications. CIRCOR A&D designs, manufactures and supports flight-critical motion and flow control products for commercial aircraft and defence applications with manufacturing and operational locations in the United States, France and Morocco. Parker-Hannifin and CIRCOR A&D both supply fluid control valves for industrial applications in Australia.
The ACCC has prepared a questionnaire on the Acquisition. Submissions or information in response to the questionnaire should be provided by 23 July 2026 via email to mergers@accc.gov.au with the title Submission re: Parker-Hannifin – CIRCOR A&D. The ACCC's ability to give detailed consideration to submissions received after this time may be limited.