Ingersoll Rand to merge industrial unit with Gardner Denver

Ingersoll Rand agreed to merge its air compressor, pumps, and fluid and materials handling business with Gardner Denver, spinning off its industrial business. The climate solutions business will receive $1.9 billion in cash from the merger financing.

“The agreement announced today will see Ingersoll Rand's air compressor, pumps, and fluid and materials handling systems business merge with US industrial equipment company Gardner Denver.”endata.com

• 1 source
• endata.comIngersoll Rand to merge industrial unit into Gardner Denver, focusing on Trane and Thermo King · EndataApr 26, 2019

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