# Ingersoll Rand completes purchase of SPX Flow's Air Treatment business

Ingersoll Rand completed its all-cash acquisition of SPX Flow's Air Treatment business for about US$525 million in Q1 2023. The business makes compressed air dryers and filters.

- Type: Acquisition
- Announced: 2023-01-01
- Value: $525.0M
- Status: completed
- Products: compressed air dryers, filters, compressed air consumables
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [SPX FLOW](https://endata.com/companies/852.md) (partner)
- [Ingersoll Rand](https://endata.com/companies/1905.md) (acquirer)

## Sources

- [filtsep.com](https://www.filtsep.com/content/features/filtration-mergers-acquisitions-review-2023), 2024-01-10: "Ingersoll Rand Inc completed the acquisition of SPX Flow's Air Treatment business in an all-cash transaction of approximately US$525 million."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.