With a 5-year dividend growth rate of 15.06%, Parker-Hannifin Corporation (NYSE:PH) is included among the 10 Best Dividend ...

(Corrects to say the deal is for Circor Aerospace, not the whole firm, in headline, paragraphs 1 and 2) May 21 (Reuters) - U.S. investment firm KKR said on Thursday it would sell aerospace division of ...

The sale of the aerospace segment would mark a huge return on KKR’s initial investment into Circor.

Adds complementary flight-critical motion and flow control capabilitiesProprietary technologies for current and next generation commercial and defense platforms$270M in expected CY2026 sales with more ...

Circor Aerospace expands Parker Hannifin's defense capabilities with key technologies. Credit: Circor Aerospace & Defense/Aerodyne Controls Major motion and control supplier Parker Hannifin said May ...

KKR has agreed to sell Circor Aerospace, a Burlington, Massachusetts-based manufacturer of flow control products for industrial, naval, and aerospace markets, to Parker Hannifin Corporation for $2.55 ...

Parker Hannifin is spending $2.6 billion to buy another aerospace business, part of KKR-owned Circor International. Both Parker Hannafin and KKR shares fell on Thursday.

The sale would mark a huge return on KKR’s initial investment into Circor. The private-equity firm struck a deal in 2023 to take the entire business private for roughly $1.6 billion, including debt.

KKR and CIRCOR International (“CIRCOR” or the “Company”), a global manufacturer of flow control products for industrial, naval, and aerospace markets, today announced the signing of a definitive ...