Skip to main content

Parker Hannifin completes Clarcor acquisition

Published by
World Cement,

Parker Hannifin Corp. completed its acquisition of Clarcor Inc., a major manufacturer of filtration products to the cement and other industries, at the end of February, for approximately US$4.3 billion in cash, including the assumption of debt. Clarcor will join Parker’s Filtration Group.

“Our enhanced filtration presence is expected to add resilience to our bottom line, improve operating margins, and enable us to meet long-term growth goals, strengthening out ability to achieve top quartile financial performance,” said Tom Williams, Chairman and CEO of Parker.

The combined company will “help make our world cleaner and safer,” added Parker Filtration’s Group President, Rob Malone. “The acquisition also offers significant operating synergies from our combined strengths to better serve our customers.”

Clarcor’s Industrial Filtration business offers cement dust and powder collection to the cement industry.

Read the article online at:

You might also like



WCT2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »



World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »


CEMEX Ventures and Grupo Avintia announce ‘Wallex’

The companies have announced the creation of Wallex, a company focused on design and engineering, manufacturing and on-site installation of offsite panelised and self-supporting construction systems.


Embed article link: (copy the HTML code below):