Pumps and Valvesworld trade 2024+3.2% 5Y CAGR
Jun 21, 2021ACQUISITIONBottrop, Germany Ingersoll Rand to acquire Seepex GmbH for €431.5 million
Ingersoll Rand agreed to acquire German progressive cavity pump maker Seepex GmbH in an all-cash deal valued at €431.5 million, expected to close in Q3 2021 pending regulatory approvals. Announced June 21, 2021.
Value
$513.6M (431.5M EUR)
Productsprogressive cavity pumps
“The all-cash transaction, valued at €431.5 million, is expected to close during Q3 upon obtaining required regulatory approvals.”investors.irco.com
- 4 sources
- investors.irco.comIngersoll Rand - Ingersoll Rand to Acquire Seepex GmbH into Precision and Science Technologies SegmentJun 21, 2021
- konstruktion-industrie.comSEEPEX bereitet sich auf Wachstumsschub vor | Konstruktion und IndustrieJun 30, 2021
- mnacritique.mergersindia.comSPX Flow rebuffs Ingersoll Rand acquisition offer -sources | M&A CritiqueJul 19, 2021
- invt.comIngersoll Rand Inc. to acquire Seepex GmbH | INVT ElectricJul 22, 2021
Summarized from public sources; check the original articles before acting on it.