Ingersoll Rand acquires APSCO, US hydraulic and pneumatic products maker

Ingersoll Rand has acquired Air Power Systems Co. (APSCO), a US provider of hydraulic and pneumatic products for specialty work trucks, as part of three bolt-on deals totaling about $135 million.

“Ingersoll Rand Inc. has acquired Air Power Systems Co., LLC (“APSCO”), Blutek s.r.l. (“Blutek”), and UT Pumps & Systems Private Limited (“UT Pumps”) for a combined purchase price of approximately $135 million.”globenewswire.com

• 3 sources
• globenewswire.comIngersoll Rand Continues to Expand its Portfolio with ThreeOct 1, 2024
• inddist.comIngersoll Rand Announces Three Bolt-on Acquisitions | Industrial DistributionOct 2, 2024
• pennvalleypump.comPenn Valley Pump Announces Sale to Ingersoll Rand — PVPNov 4, 2024

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