M&A Deal Summary

JV Industrial Companies Acquires JM Clipper

On July 6, 2006, JV Industrial Companies acquired manufacturer JM Clipper from Parker Hannifin

Acquisition Highlights
  • This is JV Industrial Companies’ 1st transaction in the Manufacturing sector.
  • This is JV Industrial Companies’ 1st transaction in the United States.
  • This is JV Industrial Companies’ 1st transaction in Texas.

M&A Deal Summary
Date 2006-07-06
Target JM Clipper
Sector Manufacturing
Buyer(s) JV Industrial Companies
Sellers(s) Parker Hannifin
Deal Type Divestiture

Target

JM Clipper

Nacogdoches, Texas, United States
JM Clipper is a designer and manufacturer of industrial static and dynamic sealing solutions for the chemical, petrochemical, refining and other industrial markets.

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Buyer(S) 1

Buyer

JV Industrial Companies

Pasadena, Texas, United States

website

Category Company
Sector Engineering
DESCRIPTION

?JV Industrial Companies offers engineering and technical services to heavy industrial clients in the United States. It provides engineering procurement and construction services; turnaround management, planning and controls; general mechanical and turnaround services; specialty welding; automated welding technology; scaffolding and insulation; field machining and bold torquing; and shop fabrication.

DEAL STATS #
Overall 1 of 2
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 2
Year (2006) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-06 JV Industrial Catalyst

Gonzales, Louisiana, United States

JV Industrial Catalyst specializes in catalyst handling and chemical cleaning.

Buy -

Seller(S) 1

SELLER

Parker Hannifin

Cleveland, Ohio, United States

website

Category Company
Founded 1917
Sector Machinery
Employees50,520
Revenue 13.7B USD (2020)
DESCRIPTION
Entrance to Parker Hannifin's corporate headquarters in Cleveland, Ohio.
Entrance to Parker Hannifin's corporate headquarters in Cleveland, Ohio.

Parker-Hannifin is a diversified manufacturer of motion and control technologies and systems, providing precision engineered solutions for a wide variety of mobile, industrial and aerospace markets. Parker Hannifin was formed in 1917 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 3 of 11
Sector (Manufacturing) 1 of 4
Type (Divestiture) 3 of 11
State (Texas) 1 of 2
Country (United States) 3 of 10
Year (2006) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-25 Acal - Air Conditioning & Refrigeration Business

United Kingdom

Acal plc - Air Conditioning & Refrigeration Business manufactures, trades in, and supplies air conditioning and refrigeration equipment in India and internationally.

Buy £8M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-10 Acal s AC & R

United Kingdom

Acal's AC & R, an air conditioning and refrigeration business.

Buy -
Mergr

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