Parker to Acquire Filtration Group Corporation, Significantly Expanding Filtration Offering and Aftermarket Business
Adds complementary and proprietary filtration technologies for critical applications Expands presence in Life Sciences, HVAC/R, and In-Plant and Industrial market verticals $2 billion in expected CY2025 sales, creating one of the largest global industrial filtration businesses 85% aftermarket sales increases Parker Filtration aftermarket sales by 500 bps $220M cost synergies......