Ingersoll Rand completes acquisition of Italy's Friulair for about $146M

Ingersoll Rand has completed the all-cash acquisition of Friulair S.r.l., an Italian maker of compressed air dryers and chillers with manufacturing in Italy and Thailand, for approximately $146 million. Friulair has roughly $65 million in revenue and about 215 employees.

“The all-cash transaction was valued at approximately $146 million.”au.investing.com

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• au.investing.comIngersoll Rand expands with Friulair acquisition By Investing.comFeb 1, 2024

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