M&A Deal Summary

Parker Hannifin Acquires Advanced Products Co.

On December 1, 2004, Parker Hannifin acquired manufacturer Advanced Products Co.

Acquisition Highlights
  • This is Parker Hannifin’s 15th transaction in the Manufacturing sector.
  • This is Parker Hannifin’s 14th transaction in the United States.
  • This is Parker Hannifin’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2004-12-01
Target Advanced Products Co.
Sector Manufacturing
Buyer(s) Parker Hannifin
Deal Type Add-on Acquisition

Target

Advanced Products Co.

North Haven, Connecticut, United States
Advanced Products Company, a privately held manufacturer of metallic and polymer spring energized seals.

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Buyer(S) 1

Buyer

Parker Hannifin

Cleveland, Ohio, United States

Category Company
Founded 1917
Sector Machinery
Employees61,120
Revenue 19.9B USD (2024)
DESCRIPTION
Parker Hannifin's corporate headquarters in Cleveland, Ohio.
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 21 of 75
Sector: Manufacturing M&A 15 of 39
Type: Add-on Acquisition M&A Deals 13 of 52
State: Connecticut M&A 1 of 1
Country: United States M&A 14 of 43
Year: 2004 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-01 Acadia Elastomers

Roanoke, Virginia, United States

Acadia Elastomers Corp. is a producer of sealing solutions. It also manufactures automotive and industrial rubber products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-16 Trilogy Systems

Webster, Texas, United States

Trilogy Systems Corp., is a North American manufacturer of linear motors an advanced motion control technology that provides the unique benefits of both high speed and high precision not achieved by traditional mechanical transmissions. Trilogy's patented designs and motors currently under development offer lower costs, extremely smooth motion, and high force capabilities.

Buy -