Ingersoll Rand to Acquire Seepex GmbH

Ingersoll Rand to Acquire Holtec Gas Systems, Shanghai Hanye, and Hydro Prokav Pumps

August 1, 2022

Industrial Services

Ingersoll Rand Inc. has entered into agreements to acquire Holtec Gas Systems LLC, Shanghai Hanye Air Purifying Technology Co., Ltd, and Hydro Prokav Pumps (India) Private Limited for a combined cash purchase price of approximately $35 million. The acquisitions expand Ingersoll Rand’s air treatment capabilities and progressive cavity pump presence, supporting its inorganic growth strategy across adjacent products and geographies.

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

October 2, 2024

Manufacturing

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.

Ingersoll Rand to Acquire Air Dimensions Inc

October 28, 2021

Industrial Services

Ingersoll Rand Inc. has entered into an agreement to acquire Air Dimensions Inc. for an all-cash purchase price of $70.5 million. The deal is intended to close on Friday, October 29, 2021, with Air Dimensions joining Ingersoll Rand’s Precision and Science Technologies segment.

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.

Dover Corporation Acquires ipp Pump Products GmbH

June 18, 2025

Manufacturing

Dover Corporation has acquired ipp Pump Products GmbH, a Bersenbrück, Germany-based manufacturer of sanitary and hygienic pump technologies, which will join Dover's Pump Solutions Group (PSG) within the Pumps & Process Solutions segment. The purchase expands Dover/PSG's capabilities in hygienic applications serving food & beverage, cosmetics, pharmaceuticals and other mission-critical end markets; terms were not disclosed.