Ingersoll Rand to acquire Shanghai Hanye Air Purifying Technology

Ingersoll Rand agreed to acquire Shanghai Hanye, an OEM supplier of air treatment products in China, as part of three acquisitions totaling about $35 million in cash.

“Ingersoll Rand Inc. (NYSE: IR) has entered into agreements to acquire Holtec Gas Systems LLC ("Holtec"), Shanghai Hanye Air Purifying Technology Co., Ltd ("Hanye"), and Hydro Prokav Pumps (India) Private Limited ("Hydro Prokav") for a combined cash purchase price of approximately $35 million.”business.sherbrookerecord.com

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• business.sherbrookerecord.comContact Us - Sherbrooke Record - Ingersoll Rand Announces Three AcquisitionsMay 25, 2018

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