Parker Hannifin acquisition of Meggitt
Parker bought UK aerospace and defence supplier Meggitt after UK national security undertakings.
- Company
- Meggitt
- Type
- M&A
- Status
- Completed
- Date
- 13 Sep 2022
- Value
- £6.3bn
- US$ equivalent
- US$7.8bn
- Value basis
- About £6.3bn
- Region
- UK
- Segment
- Aerospace and defence components
Parties
- Parker Hannifin buyer
- Meggitt shareholders seller
Key terms
- Price
- about £6.3bn
Sources
- Avionics International: Parker Hannifin completes $6.3 billion acquisition of Meggitt aviationtoday.com · 15 Sep 2022
- Parker: completes acquisition of Meggitt plc (release) aviationpros.com · 13 Sep 2022
Record DEF-INV-2022-0010. Investments are kept apart from the financings register and never counted in debt totals.
