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Parker Hannifin Corporation acquires CLARCOR Inc.

Fasken
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Overview

Client

Parker Hannifin Corporation

On February 28, 2017, Parker Hannifin Corporation ("Parker Hannifin"), the global leader in motion and control technologies, completed its acquisition of CLARCOR Inc., a major manufacturer of filtration products, for approximately US$4.3 billion in cash, including the assumption of net debt.

Fasken advised Parker Hannifin with respect to the Canadian aspects of this transaction with a team comprised of Mark Stinson and Janice Javier.

Jurisdiction

  • Ontario

Team

  • Janice J. Javier, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 865 5140, jjavier@fasken.com