Ingersoll Rand to Acquire Air Dimensions Inc

Ingersoll Rand to Acquire SPX FLOW’s Air Treatment Business

October 6, 2022

Industrial Services

Ingersoll Rand entered into an agreement to acquire SPX FLOW’s Air Treatment business for approximately $525 million in an all-cash transaction. The business makes desiccant and refrigerated compressed air dryers, filtration systems, and purifiers, with nearly 50% of revenue coming from recurring aftermarket sources. The deal is expected to close in the fourth quarter after regulatory approvals, integrating the business into Ingersoll Rand’s Industrial Technologies and Services segment.

Ingersoll Rand to Acquire Everest Group and Airmax Groupe

October 27, 2022

Industrial Services

Ingersoll Rand entered into agreements to acquire Everest Group (Everest Blowers Private Limited and Everest Blower Systems Private Limited) and Airmax Groupe for an aggregate all-cash upfront purchase price of approximately $86 million, with additional potential consideration tied to Everest financial targets. The deals are expected to close in the fourth quarter of 2022 and will expand Ingersoll Rand’s offerings and market presence, including in India and France.

Ingersoll Rand to Acquire ILC Dover From New Mountain Capital

March 25, 2024

Medical Devices

Ingersoll Rand has entered into an agreement to acquire ILC Dover (“ILC”) from New Mountain Capital for an upfront cash purchase price of about $2.325 billion, plus an earnout tied to 2024 operating efficiency metrics. The deal will create a life sciences platform within Ingersoll Rand’s P&ST segment, combining ILC with Ingersoll Rand’s life science-focused brands.

Ingersoll Rand to Acquire Seepex GmbH

June 21, 2021

Industrial Services

Ingersoll Rand Inc. has entered into an agreement to acquire Seepex GmbH in an all-cash transaction valued at €431.5 million. The deal is expected to close in Q3 2021, subject to regulatory approvals, and will add Seepex’s progressive cavity pump technology to Ingersoll Rand’s Precision and Science Technologies segment.

Ingersoll Rand Acquires Controlled Fluidics and Ethafilter s.r.l.

April 3, 2024

Manufacturing

Ingersoll Rand Inc. has closed two acquisitions: Controlled Fluidics, a U.S.-based thermoplastic bonding and custom plastic assembly specialist serving life sciences and other high-growth end markets, and Ethafilter s.r.l., an Italy-based producer of filters and filter elements for the compressed air sector. The deals expand Ingersoll Rand's product portfolio and aftermarket capabilities, strengthening its position in life sciences, sterile filtration, and air treatment markets.

Ingersoll Rand Acquires Dosatron International

October 3, 2022

Manufacturing

Ingersoll Rand Inc. has acquired Dosatron International L.L.C. and Dilution Solutions L.L.C. for an all-cash upfront purchase price of approximately $90 million plus up to $15 million in potential future consideration. The Clearwater, Florida–based dosing pump and fluid-dosing systems business (about 45 employees) will join Ingersoll Rand's Precision and Science Technologies segment, expanding the company's digital and IIoT-enabled capabilities into controlled environment agriculture, hydroponics, horticulture, animal health, food safety and water treatment.