# Ingersoll Rand to acquire Airmax Groupe, French compressed air specialist

Ingersoll Rand agreed to acquire Airmax Groupe, a French compressed air specialist with about 100 employees and nine locations across France, as part of a combined purchase price of about $86 million announced on 27 October 2022.

- Type: Acquisition
- Announced: 2022-10-27
- Where: France
- Status: announced
- Products: compressed air equipment, aftermarket service
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Ingersoll Rand](https://endata.com/companies/1905.md) (acquirer)
- [Airmax Groupe](https://endata.com/companies/9833.md) (target)

## Sources

- [advfn.com](https://www.advfn.com/stock-market/NYSE/IR/stock-news/89395608/ingersoll-rand-to-acquire-everest-group-and-airmax), 2022-10-27: "Airmax is a French compressed air specialist with strong end-user relationships and a technician network focused on aftermarket service."

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