# Ingersoll Rand completes $525M acquisition of SPX Flow's Air Treatment business

Ingersoll Rand Inc completed the acquisition of SPX Flow's Air Treatment business for approximately $525 million in cash. The business includes brands such as Hankison, Pneumatic Products, Jemaco, Deltech and Delair.

- Type: Acquisition
- Announced: 2023-01-01
- Where: United States
- Value: $525.0M
- Status: completed
- Products: compressed air dryers, filters, consumables
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [filtsep.com](https://www.filtsep.com/content/blog/filtration-mergers-acquisitions-review-q1-2023), 2023-04-11: "Ingersoll Rand Inc completed the acquisition of SPX Flow’s Air Treatment business in an all-cash transaction of approximately US$525 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.