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In December 2016, Parker Hannifin entered into a definitive agreement to acquire CLARCOR for approximately $4.3 billion in cash. [11] The acquisition was completed on February 28, 2017. [ 12 ]
Parker-Hannifin Corporation, originally Parker Appliance Company, usually referred to as just Parker, is an American corporation specializing in motion and control technologies. Its corporate headquarters are in Mayfield Heights, Ohio , in Greater Cleveland (with a Cleveland mailing address).
On April 29, 2019 it was announced that LORD Corporation would be acquired by Parker Hannifin for $3.675 billion. [15] The sale was approved by the boards of each respective company and closed on October 30, 2019.
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Parker-Hannifin's (PH) acquisition of Meggitt expands its presence in the UK, positioning it well to provide a broader suite of solutions for aircraft, and aeroengine components and systems.
For the last fully reported fiscal quarter, Parker Hannifin's year-over-year revenue grew 8.4%, and its AR grew 29.0%. That's a yellow flag. End-of-quarter DSO increased 19.0% over the prior-year ...
The CAN bus based system IQAN was developed by a small Swedish company around 1990-95. First version was introduced on the market 1995. Shortly after, around 1995 the Swedish company VOAC Hydraulics Co. bought this company and in February 1996 VOAC Hydraulics was acquired by Parker Hannifin.
Parker Meggitt (legally Meggitt Ltd) is a British international company specialising in components and sub-systems for the aerospace, defence and selected energy markets. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until it was acquired by Parker Hannifin in September 2022.