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Gorman-Rupp agreed to acquire the assets of Fill-Rite and Sotera, a division of Tuthill Corporation, for $525 million, or about $445 million net of expected tax benefits. The deal is expected to close in the second quarter of 2022.
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.
Ingersoll Rand completed its acquisition of Tuthill Vacuum and Blower Systems, a division of Tuthill Corporation based in Springfield, Missouri, for $184 million in cash. The unit makes MD Pneumatics and Kinney Vacuum Pump products.
Ingersoll Rand has agreed to acquire the assets of Tuthill Vacuum and Blower Systems from Tuthill Corp in an all-cash transaction valued at US$184 million.
Tuthill Corporation officially opened its Lenexa, Kansas manufacturing site for Fill-Rite pumps and products. The company plans to create 68 full-time jobs over five years and pledged up to $4.55 million in capital investment.
Ingersoll Rand completed its all-cash acquisition of the assets of Tuthill Corporation's Pump Group for $85 million. The Pump Group joins Ingersoll Rand's Precision and Science Technologies segment.
