Parker completes acquisition of meggitt plc

Cleveland, sept. 13, 2022 (globe newswire) -- parker-hannifin corporation, the global leader in motion and control technologies, today announced it has completed its acquisition of meggitt plc for approximately £6.3 billion. meggitt, headquartered in coventry, the uk, had annual revenue of approximately £1.63 billion for the 12 months ending june 30, 2022 and employs more than 9,000 team members serving customers around the world. meggitt has diverse aerospace and defense exposure with technology and products on almost every major aircraft platform.
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