Ingersoll Rand to acquire Everest Group and Airmax Groupe for about $86 million

Ingersoll Rand agreed to acquire India-based Everest Group and France-based Airmax Groupe for a combined all-cash upfront price of approximately $86 million, plus possible earn-out consideration.

“Ingersoll Rand Inc. (NYSE:IR) has entered into agreements to acquire Everest Blowers Private Limited and Everest Blower Systems Private Limited (collectively, "Everest Group") and Airmax Groupe ("Airmax") for a combined all-cash upfront purchase price of approximately $86 million”businesswire.com

• 1 source
• businesswire.comIngersoll Rand to Acquire Everest Group and Airmax GroupeOct 27, 2022

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