# Ingersoll Rand to acquire Air Dimensions for $70.5M in all-cash deal

Ingersoll Rand agreed to acquire Air Dimensions Inc., a Deerfield Beach, Florida maker of vacuum diaphragm pumps, for $70.5 million in cash, with closing planned for October 29, 2021.

- Type: Acquisition
- Announced: 2021-10-28
- Where: Deerfield Beach, Florida, United States
- Value: $70.5M
- Status: announced
- Products: vacuum diaphragm 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)
- [Tuthill Corporation](https://endata.com/companies/3337.md) (partner)
- [Tuthill Corporation](https://endata.com/companies/3337.md) (target)
- [Air Dimensions](https://endata.com/companies/8545.md) (target)
- [Tuthill Pumps](https://endata.com/companies/8560.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20211028005415/en/Ingersoll-Rand-to-Acquire-Air-Dimensions-Inc.-into-Precision-and-Science-Technologies-Segment), 2021-10-28: "Ingersoll Rand Inc. has entered into an agreement to acquire Air Dimensions Inc. for an all-cash purchase of $70.5 million."
- [investors.irco.com](https://investors.irco.com/news/news-details/2021/Ingersoll-Rand-to-Acquire-Tuthill-Pump-Group-a-Division-of-Tuthill-Corporation/default.aspx), 2021-11-02: "The all-cash transaction, valued at $84.6 million, is expected to close in Q4, subject to customary closing conditions."
- [businesswire.com](https://www.businesswire.com/news/home/20211103005969/en/Ingersoll-Rand-Reports-Third-Quarter-2021-Results), 2021-11-03: "Acquired Air Dimensions Inc., a manufacturer of vacuum diaphragm pumps for environmental applications, for $70.5 million"
- [doi.org](https://doi.org/10.1016/s1359-6128(21)00328-1), 2021-12-01: "Ingersoll Rand Inc has finalised the acquisition of the assets of Tuthill Corp's Pump Group in an US$85 million all-cash transaction."
- [businesswire.com](https://www.businesswire.com/news/home/20211201005599/en/Ingersoll-Rand-Completes-Acquisition-of-Tuthill-Pump-Group), 2021-12-01: "has completed the acquisition of the assets of Tuthill Corporation's Pump Group in an all-cash transaction of $85 million."

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