Parker Completes Divestiture of North America Composites & Fuel Containment Division
Parker(PH) GlobeNewswire News Room·2024-11-04 21:30
CLEVELAND, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced it has completed the previously announced divestiture of its North America Composites and Fuel Containment (CFC) Division to private investment firm SK Capital Partners. “We are pleased to have completed this sale for the North America Composites and Fuel Containment Division,” said Jenny Parmentier, Chairman and Chief Executive Officer. “One element of ...