Parker Hannifin to acquire Tennessee-based Clarcor   [ USA ]

Parker Hannifin Corp. and Clarcor Inc. announced that they have entered into a definitive agreement under which Parker will acquire Clarcor for approximately USD 4.3 billion in cash, including the assumption of net debt. Clarcor, headquartered in Franklin, Tennessee, is a diversified marketer and manufacturer of mobile, industrial and environmental filtration products with annual sales of appro...
<Dec 01, 2016>