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Ingersoll Rand agreed to acquire Shanghai Hanye Air Purifying Technology, an OEM supplier of compressed air dryers and filters with about $4 million annual revenue. It is one of three acquisitions announced on 1 August 2022 for a combined cash price of about $35 million.
Ingersoll Rand agreed to acquire Shanghai Hanye, an OEM supplier of air treatment products in China, as part of three acquisitions totaling about $35 million in cash.