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In 2018, Meggitt announced plans to relocate its UK headquarters from Bournemouth Airport to a purpose-built facility in Ansty, Warwickshire. [37] In 2021, Parker Hannifin made an offer for the company, valuing it at £6.3 billion. [38] The transaction was approved by the UK Court on 9 September 2022, and the acquisition completed on 13 September.
Parker-Hannifin Corporation, originally Parker Appliance Company, usually referred to as just Parker, is an American corporation specializing in motion and control technologies. Its corporate headquarters are in Mayfield Heights, Ohio , in Greater Cleveland (with a Cleveland mailing address).
Denison Hydraulics is a publicly traded U.S.-based company (Stock Symbol:DENHY) that manufactures industrial hydraulic fluid power systems (hydraulic pumps, motors, valves and engineered systems [1]) and components and is headquartered in Marysville, Ohio.
Parker-Hannifin's (PH) acquisition of Meggitt expands its presence in the UK, positioning it well to provide a broader suite of solutions for aircraft, and aeroengine components and systems.
Parker-Hannifin Corporation’s PH unit, Parker Bioscience Filtration, recently announced the opening of a new testing facility at Birtley, U.K. site. Notably, the move will complement the unit ...
Acal sold its air conditioning and refrigeration business to Parker-Hannifin Corp. in a transaction valued at £8.3 million in July 2006. [9] [10] The company sold Acal IT Solutions to Avnet Technology Solutions for £41 million in cash in December 2007. [11]
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On April 29, 2019 it was announced that LORD Corporation would be acquired by Parker Hannifin for $3.675 billion. [15] The sale was approved by the boards of each respective company and closed on October 30, 2019.