Parker-Hannifin to acquire Filtration Group for $9.25 billion in cash
Parker-Hannifin agreed on November 10, 2025 to acquire Filtration Group, a private Oakbrook Terrace, Illinois filtration technology company, in a cash deal valued at $9.25 billion on a cash-free, debt-free basis, subject to a working capital adjustment. The purchase price is expected to be financed with new debt and cash on hand, and completion depends on closing conditions including Hart-Scott-Rodino approvals.
Key points
- Cash purchase price of $9.25 billion, subject to a net working capital adjustment
- Expected to be financed with new debt and cash on hand
- Closing requires Hart-Scott-Rodino approvals and a preclosing transfer of Filtration Group's Facet Filtration business to its stockholders
- Either party may terminate if the merger is not completed by February 10, 2027, subject to extension
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 12, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.