
07/14/2025
🔌 Parker Hannifin’s $1B Curtis Acquisition Signals Shift in Industrial Electrification
https://hubs.la/Q03ws3Mp0
Fortune 250 manufacturer Parker Hannifin is acquiring Curtis Instruments to accelerate its electrification roadmap—targeting material handling, off-highway, and hybrid vehicle markets.
💡 Adds $320M in annual revenue
🚜 Expands motion + control + electrification stack
🔄 Strategic integration to enhance EV/hybrid platforms
CEO Jenny Parmentier says Curtis adds “complementary technologies” at a critical inflection point for clean mobility.
Parker Hannifin acquires Curtis Instruments for $1B, expanding its electrification portfolio in EV and hybrid control systems and accelerating growth in sustainable mobility markets.