Ingersoll Rand Acquires Pedro Gil and Westwood Technical

September 1, 2022

Ingersoll Rand Inc. agreed to acquire Spanish blower manufacturer Pedro Gil Construcciones Mecánicas, S.L. and closed the acquisition of UK-based control and instrumentation specialist Westwood Technical Limited for a combined upfront cash purchase price of approximately $30 million. Pedro Gil (≈$15M revenue) expands Ingersoll Rand's presence in Spain and product portfolio, while Westwood Technical adds IIoT/LoRaWAN AircomTM capabilities to Ingersoll Rand's monitoring and control offerings.

Buyers
Ingersoll Rand Inc.
Targets
Pedro Gil Construcciones Mecánicas, S.L., Westwood Technical Limited
Industry
Manufacturing
Location
Spain
Transaction Type
Buyout

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