# Ingersoll Rand acquires Jorc for €27 million

Ingersoll Rand acquired Houdstermaatschappij Jorc B.V., a manufacturer of condensate management products, for an all-cash purchase price of €27 million.

- Type: Acquisition
- Announced: 2022-02-02
- Where: Heerlen, Netherlands, Netherlands
- Value: $30.5M (27.0M EUR)
- Status: completed
- Products: condensate drains, oil/water separators, air-saving equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Ingersoll Rand](https://endata.com/companies/1905.md) (acquirer)
- [Houdstermaatschappij Jorc](https://endata.com/companies/60775.md) (target)

## Sources

- [finanznachrichten.de](https://www.finanznachrichten.de/nachrichten-2022-02/55135766-ingersoll-rand-inc-ingersoll-rand-acquires-houdstermaatschappij-jorc-b-v-004.htm), 2022-02-02: "The addition of Jorc fills a strategic gap in our portfolio that enables us to provide a more end-to-end solution to our customers."

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