# Ingersoll-Rand acquires UK chiller firm ICS Cool Energy

Ingersoll-Rand plc acquired UK-based ICS Cool Energy, a specialist in temporary rental of chillers for commercial and industrial buildings across Europe. The financial terms were not disclosed.

- Type: Acquisition
- Announced: 2018-01-22
- Where: Southampton, England, United Kingdom
- Status: completed
- Products: chillers, temperature control systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Ingersoll Rand](https://endata.com/companies/1905.md) (acquirer)
- [ICS Company](https://endata.com/companies/16364.md) (target)
- [ICS Cool Energy](https://endata.com/companies/29534.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/article/business/ingersoll-rand-announces-acquisition-of-ics-group-holdings-ltd-idUSASM000ICE/), 2018-01-22: "Financial terms of deal were not disclosed and are not material."
- [coolingpost.com](https://www.coolingpost.com/world-news/ingersoll-rand-buys-uk-chiller-firm-ics/), 2018-01-22: "This acquisition is a strong fit with our Trane business, and strengthens our growth plans and ability to serve a broader range of customers in the important European market."
- [inddist.com](https://www.inddist.com/mergers-acquisitions/news/13775392/ingersollrand-acquires-european-facility-chiller-firm-ics-cool-energy), 2018-01-22: "This acquisition is a strong fit with our Trane business, and strengthens our growth plans and ability to serve a broader range of customers in the important European market."

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