# Dearing Compressor & Pump acquires Pittsburgh-based Kruman Equipment

Dearing Compressor & Pump Co. completed its first acquisition by merging with Pittsburgh-based Kruman Equipment, the oldest Gardner Denver industrial air compressor distributor. The deal is expected to roughly double Dearing's industrial air compressor business.

- Type: Acquisition
- Announced: 2018-01-01
- Where: Youngstown, OH, United States
- Status: completed
- Products: industrial air compressors, compressor parts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Dearing Compressor & Pump](https://endata.com/companies/2807.md) (acquirer)
- [Kruman Equipment](https://endata.com/companies/2808.md) (target)

## Sources

- [dearingcomp.com](https://www.dearingcomp.com/two-industrial-air-compressor-legacies-merge/), 2018-02-13: "Dearing Compressor & Pump Co., the second oldest Gardner Denver industrial air compressor distributor, recently completed its first ever acquisition."
- [industrialsupplymagazine.com](https://industrialsupplymagazine.com/pages/News-021318-Dearing-Compressor-&-Pump-acquires-Kruman-Equipment.php), 2018-02-13: "The acquisition merges the two oldest Gardner Denver industrial air compressor distributors and allows Dearing to effectively double its industrial air compressor business."
- [businessjournaldaily.com](https://businessjournaldaily.com/dearing-compressor-acquires-kruman-equipment-co/), 2018-02-13: "Dearing Compressor & Pump Co.'s acquisition of the Pittsburgh-based Kruman Equipment Co. merges two legacies in the industrial air compressor industry."
- [dearingcomp.com](https://www.dearingcomp.com/dearing-compressor-pump-co-announces-acquisition-of-pittsburgh-based-kruman-equipment/), 2018-02-13: "The acquisition allows Dearing to effectively double their industrial air compressor business while providing counterbalance to the dynamic energy market."
- [dearingcomp.com](https://www.dearingcomp.com/blog/dearing-compressor-pump-co-announces-acquisition-of-pittsburgh-based-kruman-equipment/), 2018-02-13: "The acquisition allows Dearing to effectively double their industrial air compressor business while providing counterbalance to the dynamic energy market."
- [businessjournaldaily.com](https://businessjournaldaily.com/acquisition-prepares-dearing-compressor-for-growth/), 2019-02-01: "The acquisition of a major distributor in 2018 opened up new opportunities for Boardman-based Dearing Compressor and Pump Co."

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