8-KCurrent report
Acquisition or disposal
UnverifiedOn August 13, 2026, Parker-Hannifin completed its acquisition of Filtration Group for a cash purchase price of $9.25 billion on a cash-free, debt-free basis.
2.03 New financial obligation
Filed Aug 13, 2026 · 16:05 ET
Summary
This summary has not passed every source check. Confirm figures against the original document.
- Parker-Hannifin completed the Merger to acquire Filtration Group Corporation on August 13, 2026, following the Merger Agreement entered on November 10, 2025.
- The acquisition was made on a cash-free, debt-free basis for a cash purchase price of $9.25 billion, subject to a net working capital adjustment.
- On August 13, 2026, Parker borrowed $5.25 billion under the 364-Day Credit Facility to fund a portion of the Purchase Price.
- Parker also borrowed $2.50 billion under the Three-Year Credit Facility to pay a portion of the Purchase Price and related fees and expenses.
- The 364-Day Term Loan Agreement was arranged with Barclays Bank PLC as administrative agent, and the Three-Year Term Loan Agreement with KeyBank National Association as administrative agent.
Key facts
- Purchase price
- $9.25 billion
From the filing for Purchase price
“for a cash purchase price of $9.25 billion, subject to a net working capital adjustment”
- Merger completion date
- August 13, 2026
From the filing for Merger completion date
“On August 13, 2026, Parker completed the Merger.”
- Target
- Filtration Group Corporation
From the filing for Target
“Parker agreed to acquire Filtration Group via a merger transaction (the "Merger")”
- 364-Day facility borrowed
- $5.25 billion
From the filing for 364-Day facility borrowed
“Parker borrowed $5.25 billion under the 364-Day Credit Facility”
- Three-Year facility borrowed
- $2.50 billion
From the filing for Three-Year facility borrowed
“$2.50 billion under the Three-Year Credit Facility to pay a portion of the Purchase Price”
- Merger Agreement date
- November 10, 2025
From the filing for Merger Agreement date
“on November 10, 2025, Parker-Hannifin Corporation ("Parker") entered into an Agreement and Plan of Merger”
- 364-Day agent
- Barclays Bank PLC
From the filing for 364-Day agent
“the "364-Day Credit Agreement") with Barclays Bank PLC, as administrative agent”
Why it mattersParker-Hannifin closed a $9.25 billion filtration acquisition funded by $5.25 billion and $2.50 billion term loans, adding filtration assets and new debt obligations.
- Filed
- Aug 13, 2026
- Accepted
- 2026-08-13 20:05Z
- Period
- Aug 13, 2026
- Accession no.
- 0001193125-26-349148
- Size
- 140 KB
- Index
- Filing index