# 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.

- Type: Acquisition
- Announced: 2024-10-01
- Where: Oklahoma, United States
- Status: completed
- Products: hydraulic coolers, hydraulic systems, pneumatic consoles, cylinders, valves
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Ingersoll Rand](https://endata.com/companies/1905.md) (acquirer)
- [Air Power Systems Co. (APSCO)](https://endata.com/companies/12341.md) (target)
- [Penn Valley Pump](https://endata.com/companies/12441.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2024/10/01/2956601/0/en/Ingersoll-Rand-Continues-to-Expand-its-Portfolio-with-Three-Bolt-On-Acquisitions.html), 2024-10-01: "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."
- [inddist.com](https://www.inddist.com/mergers-acquisitions/news/22922106/ingersoll-rand-announces-three-bolton-acquisitions), 2024-10-02: "Ingersoll Rand Inc., a global provider of mission-critical flow creation and life science and industrial solutions, has acquired Air Power Systems Co., LLC, Blutek s.r.l., and UT Pumps & Systems Private Limited for a combined purchase price of approximately $135 million."
- [pennvalleypump.com](https://www.pennvalleypump.com/pvp-sale-to-ingersoll-rand/), 2024-11-04: "Penn Valley Pump Co. Inc. (PVP) ... today announced that it has completed a sale of the Company to Ingersoll Rand Inc."

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