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American Industrial Partners has signed an agreement to acquire a majority interest in Ingersoll Rand's High Pressure Solutions segment, a maker of high-pressure pumps, for approximately $300 million. Ingersoll Rand will keep a 45% equity stake and closing is expected in the first half of 2021.
“American Industrial Partners (AIP) have signed an agreement to acquire a majority interest in the High Pressure Solutions Segment of Ingersoll Rand.”energyindustryreview.com
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