Parker Hannifin Mergers and Acquisitions Summary

MachineryCompany

Parker Hannifin has acquired 76 companies, including 5 in the last 5 years. A total of 14 acquisitions came from private equity firms. It has also divested 9 assets.

Parker Hannifin’s largest acquisition to date was in 2016, when it acquired Clarcor for $4.3B. Parker Hannifin has acquired in 19 different US states, and 16 countries. The Company’s most targeted sectors include manufacturing (53%) and machinery (16%).

Join Mergr and gain access to Parker Hannifin’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the machinery sector.

M&A Summary

  • M&A Total Activity81
    • M&A Buy Activity72
    • M&A Sell Activity9
  • Total Sectors Invested 13
  • Total Countries Invested 16
  • M&A Buy/Sell Connections 42
  • M&A Advisors 7

Parker Hannifin

Parker Hannifin Corp.

6035 Parkland Boulevard,
Cleveland, Ohio 44124
United States,
(216) 896-3000
www.parker.com

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.


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (0.4/yr) # 70 1 - 1 - - 72
vol $5.1B $3.7B $8.8B
Sell (0.6/yr) # 6 - 2 1 - - 9
  81

Most Recent M&A

Company Date Value Type
LORD Corp. 2019-04-29 3.7B USD Add-on Acquisition
Drive Cary, North Carolina · www.lord.com
Parker Hannifin Corp. - Precision Cooling Business 2019-01-14 - Divestiture
Cleveland, Ohio
LS Energy Solutions LLC 2018-12-04 - Divestiture
Charlotte, North Carolina · www.ls-es.com
Facet Filtration 2018-05-03 - Divestiture
Tulsa, Oklahoma · www.facetfiltration.com
Helac Corp. 2017-02-01 - Add-on Acquisition
Enumclaw, Washington · www.helac.com
Clarcor, Inc. 2016-12-01 4.3B USD Add-on Acquisition
Franklin, Tennessee · www.clarcor.com
Jäger Automobil-Technik GmbH 2016-07-01 - Divestiture
, Germany
Jäger Automotive Polska Sp. z.o.o 2016-07-01 - Divestiture
, Germany
Parker Hannifin Corp. - Autoline Business 2016-06-23 - Divestiture
Cleveland, Ohio
Nichols Portland 2016-03-10 - Divestiture
Portland, Maine · www.nicholsportland.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Manufacturing 38 (53%) 565M (6%) 3 (33%) -
Machinery 11 (15%) 4.3B (49%) - -
Electrical Equipment 4 (6%) 277M (3%) 1 (11%) -
Chemicals 3 (4%) 3.7B (42%) 1 (11%) -
Automotive 2 (3%) - 2 (22%) -
Plastics 3 (4%) - - -
Electronics 2 (3%) - - -
Engineering 2 (3%) - - -
Healthcare Services 2 (3%) - - -
Medical Products 2 (3%) - - -
Energy Services and Equipment 1 (1%) - 1 (11%) -
Distribution 1 (1%) - - -
Technology Hardware 1 (1%) - - -
Aerospace - - 1 (11%) -
Total 72 $8.8B 9 -

By Geo

State/Country Buy Value Sell Value
United States 41 8.7B 8 -
  Texas 7 - 1 -
  California 5 497M - -
  North Carolina 4 3.9B 1 -
  Ohio 1 - 4 -
  Washington 3 - - -
  Pennsylvania 3 - - -
  Virginia 2 - - -
  New York 2 - - -
  New Jersey 2 - - -
  Illinois 2 - - -
  Florida 2 - - -
  Wisconsin 1 - - -
  Tennessee 1 4.3B - -
  South Carolina 1 - - -
  North Dakota 1 - - -
  Missouri 1 - - -
  Massachusetts 1 - - -
  Connecticut 1 - - -
  Colorado 1 - - -
  Oklahoma - - 1 -
  Maine - - 1 -
United Kingdom 7 12M - -
Germany 5 - - -
Canada 3 - - -
  Quebec 1 - - -
  Ontario 1 - - -
  Manitoba 1 - - -
Italy 2 68M 1 -
Brazil 2 - - -
India 2 - - -
Netherlands 2 - - -
1 - - -
  New Jersey 1 - - -
Australia 1 - - -
France 1 - - -
Japan 1 - - -
Malaysia 1 - - -
North Korea 1 - - -
Singapore 1 - - -
South Korea 1 - - -
Domestic 41 (57%) 8.7B (99%) 8 (89%) -
Cross-border 31 (43%) 80M (1%) 1 (11%) -
Total 72 $8.8B 9 -

Top M&A Advisors

Financial Deals
Morgan Stanley
2
Barclays Investment Bank
1
Quarton Partners LLC
1
Legal Deals
Jones Day
1
Eversheds LLP
1
Cravath, Swaine & Moore LLP
1

Deal Values

buy # Total
> $1B 2 $8.0B
$100M to $1B 2 $761M
< $100M 2 $80M
TOTAL $8.8B
Largest Clarcor, Inc.
$4.3B (2016-12-01)

M&A Connections

Deals
Acquired from
Investor(s)
14%
10 (14%)
Strategic(s)
31%
22 (31%)
Divested to
Investor(s)
11%
1 (11%)
Strategic(s)
89%
8 (89%)

 Subscribe to unlock this and 171,700
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.2K Private Equity Firms
  • 161K M&A Transactions
  • 167K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.4K M&A Advisors
    (Investment Banks and Law Firms)
  • 59K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.