LORD Corporation to be acquired by Parker Hannifin for $3.675 billion
Clients LORD Corporation
Jones Day is advising LORD Corporation in its $3.675 billion acquisition by Parker Hannifin Corporation. The transaction has been approved by the Board of Directors of each company and is subject to customary closing conditions, including receipt of applicable regulatory approvals.
LORD, headquartered in Cary, North Carolina, is a privately-held company founded in 1924 offering a broad array of advanced adhesives, coatings and specialty materials as well as vibration and motion control technologies. LORD’s products are used in mission-critical applications in the aerospace, automotive and industrial markets.