Processing timeline
33
days
Acquirer(s)
Parker-Hannifin Corporation
Target(s) or Vendor(s)
Filtration Group Corporation
Other parties
None listed
Parker-Hannifin Corporation, a global engineering company, acquired 100% of the share capital in Filtration Group Corporation, a global filtration and separation technology company. Both companies supply filtration products for industrial applications in Australia. The transaction was approved.
Parker-Hannifin Corporation ( Parker-Hannifin ) proposes to acquire 100% of the share capital in Filtration Group Corporation ( Filtration Group ). Parker-Hannifin is a global engineering company headquartered in Cleveland, Ohio, USA. It designs, manufactures and supplies motion and control technologies and systems to a variety of industries, including aerospace and defence, transportation, energy, and HVAC (heating, ventilation and air conditioning) and refrigeration. Filtration Group is a global filtration and separation technology company headquartered in Illinois, USA. Filtration Group’s core business is the design, manufacture and supply of filtration and separation products for life sciences, indoor air quality and industrial applications. Parker-Hannifin and Filtration Group both supply filtration products for use in industrial applications in Australia.