# Ingersoll Rand to acquire Trane for $10.1B

Ingersoll Rand announced it will acquire HVAC company Trane (formerly American Standard) in a transaction valued at $10.1 billion, including fees and assumption of net debt.

- Type: Acquisition
- Announced: 2018-02-20
- Where: United States
- Value: $10.1B
- Status: announced
- Products: HVAC systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Trane](https://endata.com/companies/1904.md) (target)
- [Ingersoll Rand](https://endata.com/companies/1905.md) (acquirer)

## Sources

- [hbsdealer.com](https://hbsdealer.com/news/trane-purchased-deal-ingersoll-rand), 2018-02-20: "Combining Trane and Ingersoll Rand's climate control operation creates a very strong business."

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