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Parker Meggitt (legally Meggitt Ltd) is a British international company specialising in components and sub-systems for the aerospace, defence and selected energy markets.
CLEVELAND, September 13, 2022 -- 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.
Parker Aerospace and Meggitt are now part of the same company, offering a wider range of airframe and engine technologies for the aerospace and defense industries. Learn about the strategic and cultural alignment, the expanded capabilities, and the innovation for sustainable aviation and clean technology.
Aug 2, 2021 · Parker-Hannifin has offered £6.3bn for Meggitt, a Coventry-based defence and aerospace company. The government has powers to intervene in mergers and takeovers that raise national security concerns, but no decision has been made yet.
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Sep 13, 2022 · Parker-Hannifin Corporation, a global leader in motion and control technologies, has acquired Meggitt PLC, a UK-based aerospace and defense company, for £6.3 billion. The transaction is expected to enhance Parker's capabilities, position and growth prospects in the global aerospace industry.