Ingersoll Rand Acquires APSCO, Blutek and UT Pumps in $135M Bolt-on Deal

October 2, 2024

Ingersoll Rand Inc. acquired Air Power Systems Co., LLC (APSCO), Blutek s.r.l., and UT Pumps & Systems Private Limited in bolt-on transactions for a combined purchase price of approximately $135 million. The acquisitions add more than $50 million of combined revenue and expand Ingersoll Rand's pump, compressor and fluid-handling technologies and aftermarket capabilities across the United States, Italy and India.

Buyers
Ingersoll Rand Inc.
Targets
Air Power Systems Co., LLC (APSCO), Blutek s.r.l., UT Pumps & Systems Private Limited
Industry
Manufacturing
Location
Oklahoma, United States
Transaction Type
Addon

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.