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Parker Completes Curtis Instruments Acquisition

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CLEVELAND, 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 capabilities in electric and hybrid vehicle motors and controls,…

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