# Ingersoll Rand will not join SPX Flow's strategic review after rejected bid

Ingersoll Rand said on September 2, 2021 it will not take part in SPX Flow's exploration of strategic alternatives, including a sale or merger. SPX Flow earlier rejected Ingersoll's $3.59 billion buyout bid in July.

- Type: Acquisition
- Announced: 2021-09-02
- Where: United States
- Value: $3.59B
- Status: cancelled
- Products: pumps, compressors, fluid handling components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [SPX FLOW](https://endata.com/companies/852.md) (target)
- [Ingersoll Rand](https://endata.com/companies/1905.md) (acquirer)

## Sources

- [mnacritique.mergersindia.com](https://mnacritique.mergersindia.com/news/ingersoll-to-keep-away-from-spx-flows-plan-to-explore-alternatives/), 2021-09-02: "Ingersoll Rand Inc said on Wednesday it would not participate in SPX Flow’s decision to explore strategic alternatives, including a sale or merger."

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