SK Capital Closes Acquisition of North America Composites & Fuel Containment Division from Parker Hannifin; Changes Name to Axillon Aerospace [Yahoo! Finance]
Parker-Hannifin Corporation (PH)
Last parker-hannifin corporation earnings: 4/30 07:30 am
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Source: Yahoo! Finance
NEW YORK, November 04, 2024 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 science solutions for leading customers across the aerospace and defense sector. SK Capital is investing in Axillon Aerospace to build upon its
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- Parker-Hannifin Co. (NYSE: PH) had its price target raised by analysts at KeyCorp from $725.00 to $775.00. They now have an "overweight" rating on the stock.MarketBeat
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- Car Fuel Filter Market is Predicted to Reach US$ 3.05 Billion with Expanding at a CAGR of 5.8% by 2034 | Fact.MR Report [Yahoo! Finance]Yahoo! Finance
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