Parker Hannifin completes acquisition of Filtration Group Corp

• Parker Hannifin completed its acquisition of Filtration Group Corporation, extending its filtration portfolio and aftermarket footprint.
• Filtration Group is expected to add about $1.8 billion to fiscal 2027 sales over the first 10.5 months of ownership.
• Sales mix is projected at 60% in Diversified Industrial North America, 40% in international businesses.
• The deal is expected to be neutral to adjusted EPS in the first quarter of fiscal 2027, then accretive for the full year.
• Pre-tax cost synergies are estimated at about $220 million by the end of year three.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parker Hannifin Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130901PRIMZONEFULLFEED9809525) on August 13, 2026, and is solely responsible for the information contained therein.