# Ingersoll Rand acquires Blutek, Italian compressed air and nitrogen equipment maker

Ingersoll Rand has acquired Blutek s.r.l., an Italian designer and producer of engineered compressed air and nitrogen generation solutions, as part of three bolt-on deals totaling about $135 million.

- Type: Acquisition
- Announced: 2024-10-01
- Where: Italy
- Status: completed
- Products: compressed air systems, nitrogen generation systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Ingersoll Rand](https://endata.com/companies/1905.md) (acquirer)
- [Blutek s.r.l.](https://endata.com/companies/12342.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: "Blutek, based in Italy, specializes in the design and production of highly engineered solutions for compressed air and nitrogen generation in mission-critical environments."
- [inddist.com](https://www.inddist.com/mergers-acquisitions/news/22922106/ingersoll-rand-announces-three-bolton-acquisitions), 2024-10-02: "Blutek s.r.l., and UT Pumps & Systems Private Limited for a combined purchase price of approximately $135 million."

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