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Home » Distribution Industry News » Kaman Agrees to Acquire Parker-Hannifin Aircraft Wheel & Brake Division 

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  • Published on: May 24, 2022

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  • Picture of Jonathan Bein Jonathan Bein

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Distribution Industry News

Kaman Agrees to Acquire Parker-Hannifin Aircraft Wheel & Brake Division 

Kaman Corporation announced it agreed to acquire Parker-Hannifin Corporation’s Aircraft Wheel & Brake division for $440 million. Aircraft Wheel & Brake specializes in wheels, brakes and related hydraulic components for fixed-wing aircraft and rotorcraft.  

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“We are executing on our strategic priority of growing through accretive M&A by expanding our Engineered Products segment by adding capabilities in markets that we know well. We are excited to add the experienced Aircraft Wheel & Brake management team to our organization while utilizing their leading proprietary technology and strong customer relationships,” Kaman Chairman, President and CEO Ian Walsh said.  

Aircraft Wheel & Brake operates out of a centralized facility in Avon, Ohio. It provides a full suite of capabilities, including design, development and qualification, manufacturing and assembly, product support and repairs. This acquisition will broaden Kaman’s number of offerings and enhance its Engineered Products segment.  

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Jonathan Bein
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Jonathan Bein, Ph.D. is Managing Partner at Distribution Strategy Group. He’s
developed customer-facing analytics approaches for customer segmentation,
customer lifecycle management, positioning and messaging, pricing and channel strategy for distributors that want to align their sales and marketing resources with how their customers want to shop and buy. If you’re ready to drive real ROI, reach out to Jonathan today at
jbein@distributionstrategy.com.

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