Ingersoll Rand Acquires Complete Air And Power Solutions, Del PD Pumps & Gear And Fruvac For Combined Purchase Price Of ~$150M
Portfolio Pulse from Benzinga Newsdesk
Ingersoll Rand has acquired Complete Air And Power Solutions, Del PD Pumps & Gear, and Fruvac for a combined purchase price of approximately $150 million.
June 03, 2024 | 8:33 pm
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Ingersoll Rand has acquired Complete Air And Power Solutions, Del PD Pumps & Gear, and Fruvac for a combined purchase price of approximately $150 million.
The acquisition of these companies is likely to enhance Ingersoll Rand's product offerings and market reach, potentially leading to increased revenues and market share. This positive development is expected to have a favorable impact on the stock price in the short term.
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