Ingersoll Rand Acquires Dosatron International

October 3, 2022

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.

Buyers
Ingersoll Rand Inc.
Targets
Dosatron International L.L.C., Dilution Solutions L.L.C.
Sellers
Eddy Kelly, Lela Kelly
Industry
Manufacturing
Location
Florida, United States
Transaction Type
Buyout

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