SK Capital Closes Acquisition of North America Composites & Fuel Containment Division from Parker Hannifin; Changes Name to Axillon Aerospace
Parker-Hannifin Corporation (PH)
Last parker-hannifin corporation earnings: 4/30 07:30 am
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Source: Business Wire
Industry veteran Kevin Vicha appointed CEO of Axillon Aerospace, a leading provider of specialty materials for the defense and commercial aerospace markets. NEW YORK--(BUSINESS WIRE)--SK Capital, a private investment firm focused on the specialty materials, ingredients and life sciences sectors, completed its previously announced acquisition of the North America Composites & Fuel Containment Division of Parker Hannifin Corporation (NYSE: PH). The business, which has been renamed Axillon Aerospace (“Axillon Aerospace” or the “Company”), is a leading provider of engineered carbon fiber composite components and fuel containment solutions for the defense and commercial aerospace markets. Axillon Aerospace generates annual sales of approximately $350 million, operates six manufacturing locations across the USA and Mexico, and employs approximately 1,700 people.Jared Kramer, a Principal at SK Capital, said, “Axillon Aerospace has a rich heritage of providing differentiated material scien
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PH
Earnings
- 10/31/24 - Beat
PH
Sec Filings
- 11/19/24 - Form 4
- 11/15/24 - Form 4
- 11/15/24 - Form 144
- PH's page on the SEC website