# Gardner Denver completes merger with Ingersoll Rand Industrial to form Ingersoll Rand Inc.

Gardner Denver completed its merger with the Ingersoll Rand Industrial segment on 29 February 2020, forming Ingersoll Rand Inc. with over 16,000 employees. The combined company makes air compressors, pumps, blowers and fluid management systems.

- Type: Acquisition
- Announced: 2020-02-03
- Where: Davidson, North Carolina, United States
- Status: completed
- Products: air compressors, pumps, blowers, fluid management systems, electric vehicles
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Gardner Denver](https://endata.com/companies/614.md) (acquirer)
- [Ingersoll Rand](https://endata.com/companies/1905.md) (target)
- [Ingersoll Rand Industrial](https://endata.com/companies/6072.md) (target)

## Sources

- [euro-petrole.com](https://www.euro-petrole.com/gardner-denver-and-ingersoll-rand-industrial-segment-finalize-merger-to-form-a-global-leader-in-mission-critical-flow-creation-and-industrial-technologies-n-i-20270), 2020-02-03: "Gardner Denver Holdings, Inc. completed the merger with the Ingersoll Rand Industrial segment at the end of the day on Saturday, February 29, 2020."
- [investors.irco.com](https://investors.irco.com/news/news-details/2020/Gardner-Denver-and-Ingersoll-Rand-Industrial-Segment-Finalize-Merger-to-Form-a-Global-Leader-in-Mission-Critical-Flow-Creation-and-Industrial-Technologies/default.aspx), 2020-03-01: "Gardner Denver Holdings, Inc. completed the merger with the Ingersoll Rand Industrial segment at the end of the day on Saturday, February 29, 2020."
- [alrud.com](https://www.alrud.com/publications/806), 2020-03-02: "As a result of this merger, the world's second-largest manufacturer of industrial pumps and compressors, with a market capitalization of about $11.6 billion, was created."
- [prnewswire.com](https://www.prnewswire.com/in/news-releases/gardner-denver-and-ingersoll-rand-industrial-segment-finalize-merger-to-form-a-global-leader-in-mission-critical-flow-creation-and-industrial-technologies-803831862.html), 2020-03-02: "The newly combined company, named Ingersoll Rand Inc. (" Ingersoll Rand"), will begin trading Monday, March 2, on the New York Stock Exchange under the symbol "IR"."

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