Form 8-K · Current report
Parker Hannifin 8-K, filed Aug 13, 2026
- Filed
- CIK
- 0000076334
- Accession no.
- 0001193125-26-349148
Summary
Parker Hannifin completed its previously announced acquisition of Filtration Group on August 13, 2026, a cash-free, debt-free merger with a cash purchase price of $9.25 billion subject to a net working capital adjustment. In connection with the closing, Parker borrowed $5.25 billion under a 364-day term loan facility and $2.50 billion under a three-year term loan facility to pay part of the purchase price and related fees and expenses.
Key points
- Parker entered the Agreement and Plan of Merger with Filtration Group on November 10, 2025, through merger subsidiary Prosper Merger Sub Corp.
- The $9.25 billion purchase price is subject to a net working capital adjustment.
- The 364-day term loan facility, with Barclays Bank PLC as administrative agent, totals $5.25 billion; the three-year facility, with KeyBank National Association as administrative agent, totals $2.50 billion.
- Both credit agreements were entered into on December 10, 2025.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.01Completion of Acquisition or Disposition of Assets
- 2.03Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
- 9.01Financial Statements and Exhibits
From the filing
Item 2.01. Completion of Acquisition or Disposition of Assets. As previously disclosed, on November 10, 2025, Parker-Hannifin Corporation (“Parker”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Prosper Merger Sub Corp., a Delaware corporation and wholly owned subsidiary of Parker (“Merger Sub”), Filtration Group Corporation, a Delaware corporation (“Filtration Group”), and, solely in its capacity as the representative for Filtration Group’s securityholders, Filtration Group Equity LLC, a Delaware limited liability company. …
An excerpt of the text as filed with the SEC, cut for length.
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