# Ingersoll Rand agrees to sell industrial division to Gardner Denver for $7.7 billion

Ingersoll Rand agreed to sell its industrial division, including Precision Flow Systems, to Gardner Denver in a transaction valued at $7.7 billion, as reported in a mid-2019 fluid handling M&A review.

- Type: Acquisition
- Announced: 2019-08-05
- Value: $7.70B
- Status: announced
- Products: industrial products, pumps
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Gardner Denver](https://endata.com/companies/614.md) (acquirer)
- [Ingersoll Rand](https://endata.com/companies/1905.md) (partner)
- [Precision Flow Systems](https://endata.com/companies/4595.md) (target)

## Sources

- [pumpsandsystems.com](https://www.pumpsandsystems.com/article/fluid-handling-ma-strong-level-activity-first-half-2019/), 2019-08-05: "Ingersoll Rand then agreed to sell their industrial division, including PFS, to Gardner Denver in a transaction valued at $7.7 billion"

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