15 Articles
15 Articles
Parker Hannifin to acquire Curtis Instruments, expanding commercial and off-highway electrification portfolio - Charged EVs
Parker Hannifin announced an agreement to acquire Curtis Instruments from Rehlko for approximately $1 billion in cash. Curtis Instruments designs and manufactures power electronics, instrumentation and input devices for a range of commercial vehicles. The transaction is expected to close by the end of calendar year 2025. Curtis expects 2025 calendar year annual sales of roughly $320 million. According to Parker Hannifin Chairman and CEO Jenny Pa…
Key powertrain components, Parker to acquire Curtis formerly belonging to the Rehlko Group
Parker Hannifin, a primary company in motion and control technologies, today announced that it has agreed to acquire Curtis Instruments, Inc. from Rehlko, for approximately $1 billion in cash. The transaction is subject to customary closing conditions, including receipt of applicable regulatory approvals, and is expected to close by the end of calendar year 2025. Curtis designs and manufactures motor speed controllers, instrumentation, power con…
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