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Parker Completes Curtis Instruments Acquisition
Globenewswire· 2025-09-18 20:43
Enhances Electrification Capabilities with Complementary TechnologiesCLEVELAND, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Parker-Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it has completed its previously announced transaction to acquire Curtis Instruments, Inc. from Rehlko, for approximately $1 billion in cash. Curtis designs and manufactures motor speed controllers, instrumentation, power conversion and input devices that complement Parker’s capabil ...