# Parker-Hannifin Corp (PH) — merger [completed]
Source: sec.gov · situation sit_8306d0f9a1d3d5ee93a8 · public 9551923422933517491 · retrieved 2026-08-19T12:07:26.513Z

## Overview
Parker-Hannifin Corporation is a diversified industrial manufacturer that designs and manufactures motion and control technologies and systems.

Parker-Hannifin Corporation completed its acquisition of Filtration Group Corporation on August 13, 2026, pursuant to an Agreement and Plan of Merger dated November 10, 2025. The transaction was structured as a cash-free, debt-free merger for a cash purchase price of $9.25 billion, subject to a net working capital adjustment. To fund the acquisition, Parker borrowed $5.25 billion under a 364-Day Term Loan Facility and $2.50 billion under a Three-Year Term Loan Facility on the closing date.

## Terms
- Counterparty: Filtration Group Corporation · Deal value: $9.25B · Consideration: cash

## Key dates
- Completed 2026-08-13

## Timeline
- 2026-08-13 · 8-K (0001193125-26-349148): 8-K - Parker-Hannifin Corp — *Parker-Hannifin Corporation is a diversified industrial manufacturer that designs and manufactures motion and control technologies and systems.* Parker-Hannifin Corporation completed its acquisition of Filtration Group Corporation on August 13, 2026, pursuant to an Agreement and Plan of Merger dated November 10, 2025. The transaction was structured as a cash-free, debt-free merger for a cash purchase price of $9.25 billion, subject to a net working capital adjustment. To fund the acquisition, Parker borrowed $5.25 billion under a 364-Day Term Loan Facility and $2.50 billion under a Three-Year Term Loan Facility on the closing date.
  https://www.sec.gov/Archives/edgar/data/76334/0001193125-26-349148.txt

## Citations
- 0001193125-26-349148 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526349148