# Ingersoll Rand industrial business merges with Gardner Denver

Ingersoll-Rand plc merged its Industrial business with Gardner Denver Holdings, Inc., creating a $15 billion global leader in flow creation and industrial technologies. The remaining HVAC and transport refrigeration assets became Trane Technologies.

- Type: Acquisition
- Announced: 2020-03-01
- Where: Ireland
- Value: $15.0B
- Status: completed
- Products: flow creation equipment, industrial technologies
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Ingersoll Rand](https://endata.com/companies/1905.md)
- [Gardner Denver](https://endata.com/companies/614.md) (partner)
- [Gardner Denver](https://endata.com/companies/614.md) (target)
- [Trane Technologies](https://endata.com/companies/6465.md) (partner)
- [Trane Technologies](https://endata.com/companies/6465.md) (target)

## Sources

- [paulweiss.com](https://www.paulweiss.com/insights/client-news/ingersoll-rand-industrial-business-completes-merger-with-gardner-denver-creating-15-billion-company), 2020-03-01: "Paul, Weiss advised Ingersoll-Rand plc in the merger of its Industrial business with Gardner Denver Holdings, Inc., a provider of industrial equipment and technologies."
- [coolingpost.com](https://www.coolingpost.com/world-news/trane-technologies-creates-100-hvacr-focus/), 2020-03-02: "Trane Technologies begins its journey today as a pure-play climate innovation company."

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