Parker-Hannifin Corp acquires Curtis Instruments, Inc.
The deal at a glance
Parker-Hannifin Corp acquired Curtis Instruments, Inc. for approximately $1.0 billion in cash, a transaction completed in September 2025, structured as all cash.
Curtis Instruments, Inc. operates in Electrification / motion systems, is based in United States (acquired from Rehlko), had revenue of about approximately $320 million expected calendar-year 2025 sales. Curtis Instruments designs and manufactures motor speed controllers, instrumentation, power conversion and input devices, complementing Parker's strength in electric vehicle motors, hydraulic and electrification technologies. Parker acquired Curtis from Rehlko (a Platinum Equity portfolio company); Curtis expected calendar-year 2025 sales of approximately $320 million and serves in-plant material handling and off-highway markets with electric and hybrid solutions.
Aligned with the long-term electrification secular trend and Parker's disciplined financial criteria for value-creating acquisitions; complements Parker's electric vehicle motor, hydraulic and electrification technologies.
Electrification-aligned controls and power-conversion business complementary to Parker's EV motor and hydraulic technologies.
No advisory firms have been disclosed for this transaction.