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  6. Parker Aerospace Acquires Shaw Aero Devices

M&A Deal Summary

Parker Aerospace Acquires Shaw Aero Devices

On November 1, 2007, Parker Aerospace acquired aerospace company Shaw Aero Devices

Acquisition Highlights
  • This is Parker Aerospace’s 1st transaction in the Aerospace sector.
  • This is Parker Aerospace’s 1st transaction in the United States.
  • This is Parker Aerospace’s 1st transaction in Florida.

M&A Deal Summary
Date 2007-11-01
Target Shaw Aero Devices
Sector Aerospace
Buyer(s) Parker Aerospace
Deal Type Add-on Acquisition

Target

Shaw Aero Devices

Naples, Florida, United States
Shaw Aero Devices, Inc., which invented patented safety-lock, flush- mounted fuel and lightning safe caps, also produces other caps and adapters, fuel system components, lubrication and hydraulic system equipment, and water and waste components for aerospace markets, including both commercial and military aircraft and their engines.

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Buyer(S) 1

Buyer

Parker Aerospace

Irvine, California, United States
Category Company
Founded 1938
Sector Aerospace
DESCRIPTION

Parker Aerospace Corp., is an operating segment of Parker Hannifin Corporation, and designs, manufactures, and services flight control, hydraulic, fuel, and pneumatic components, systems, and related electronic controls for aerospace and other high-technology markets.

DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 1 of 1
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