The acquisition of Friulair by Ingersoll Rand for $146M is a strategic move to expand its product offerings and strengthen its market position in the dryers and filtration sector. This acquisition is expected to have a positive short-term impact on Ingersoll Rand's stock price due to the potential for increased market share and revenue growth in a specialized sector. The importance rating is high as this acquisition directly affects Ingersoll Rand's strategic positioning and product portfolio.