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Gardner Denver Italy Holdings, part of the Ingersoll Rand group, acquired Termomeccanica Industrial Compressors and Adicomp, both wholly owned subsidiaries of Termomeccanica, with internal reorganisation in Italy, the USA and China. AZB & Partners advised Termomeccanica on the India business reorganisation.
“the larger transaction which involved the acquisition of Termomeccanica Industrial Compressors S.p.A. (TMIC) and Adicomp S.p.A. (Adicomp)”azbpartners.com
Summarized from public sources; check the original articles before acting on it.