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Stock impact report

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 Check Earnings Report
US:NYSE Investor Relations: phstock.com
Company Research 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 Show less Read more
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