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Clarcor acquisition challenged

By Haydn Davis
11 October 2017

CLEVELAND – The US Department of Justice (DoJ) has filed a civil antitrust lawsuit against Ohio-based filtration systems supplier Parker-Hannifin, following the company’s acquisition of market rival Clarcor.

The authorities believe the big-money move – estimated to be in the region of US$4.3 billion – could result in a monopoly in the aviation fuel filtration sector.

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