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Parker Hannifin Corporation

Parker Hannifin Corporation

Public Company

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The great filtration consolidation

Money Moves

Filtration Group acquisition pending regulatory approval, on track per Q2 earnings

Over the past 12 months, four major deals totaling over $15 billion have transformed the industrial filtration industry. Parker Hannifin agreed to pay $9.25 billion for Filtration Group in November 2025 (pending regulatory approval). Thermo Fisher acquired Solventum's filtration unit for $4.1 billion in February 2025. Atmus Filtration closed its $450 million purchase of Koch Filter on January 7, 2026. Most recently, on February 2, 2026, Filtration Group agreed to sell its Facet aviation fuel filtration business to Donaldson Company for $820 million.

Updated Feb 5