# Ingersoll Rand acquires Seepex GmbH for €431.5 million

Ingersoll Rand Inc. completed the acquisition of Bottrop, Germany-based Seepex GmbH, a manufacturer of progressive cavity pumps, for €431.5 million in cash. Seepex will become part of Ingersoll's Precision and Science Technologies segment.

- Type: Acquisition
- Announced: 2021-09-02
- Where: Bottrop, Germany, Germany
- Value: $510.0M (431.5M EUR)
- Jobs: 800
- Status: completed
- Products: progressive cavity pumps
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [SEEPEX](https://endata.com/companies/1617.md) (target)
- [Ingersoll Rand](https://endata.com/companies/1905.md) (acquirer)

## Sources

- [nasdaq.com](https://www.nasdaq.com/articles/ingersoll-ir-buys-seepex-discusses-capital-allocation-strategy-2021-09-02), 2021-09-02: "Ingersoll Rand Inc. IR yesterday announced that it completed the acquisition of Bottrop, Germany-based Seepex GmbH for €431.5 million in cash."
- [worldpumps.com](https://www.worldpumps.com/content/news/ingersoll-rand-closes-seepex-acquisition), 2021-09-02: "With a shared culture and values, the Seepex team is a natural fit to join the Ingersoll Rand family"

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