• KKR agreed to sell CIRCOR Aerospace to Parker Hannifin for USD 2.55 billion, keeping CIRCOR’s Naval and Industrial businesses.
• KKR bought CIRCOR for USD 1.8 billion in 2023 through its North America Fund XIII.
• The deal is expected to close in the second half of 2026, subject to customary closing conditions and regulatory approvals.
• CIRCOR employees are set to receive a dividend distribution at closing, funded by a portion of the sale proceeds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KKR & Co. Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260520542910) on May 21, 2026, and is solely responsible for the information contained therein.