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Ingersoll Rand to acquire Holtec Gas Systems nitrogen generator maker · Endata

◂ Announcements

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Aug 1, 2022ACQUISITIONSaint Charles, Missouri, United States

Ingersoll Rand to acquire Holtec Gas Systems nitrogen generator maker

Ingersoll Rand agreed to acquire Holtec Gas Systems, a nitrogen generator manufacturer in Saint Charles, Missouri with about $10 million annual revenue. It is one of three acquisitions announced on 1 August 2022 for a combined cash price of about $35 million.

Status

Announced

Productsonsite nitrogen generation systems

CompaniesIngersoll Rand acquirer Holtec Gas Systems target

Sectors#Industrial Machinery

“Holtec is an internationally recognized nitrogen generator manufacturer”businesswire.com

2 sources
businesswire.comIngersoll Rand Announces Three AcquisitionsAug 1, 2022
worldpumps.comWorld Pumps - Ingersoll Rand to acquire Indian progressive cavity pump manufacturer Hydro Prokav - World PumpsAug 2, 2022

Summarized from public sources; check the original articles before acting on it.

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