Loading…
Gardner Denver Italy Holdings, part of the Ingersoll Rand group, acquired Termomeccanica Industrial Compressors and Adicomp, both wholly owned subsidiaries of Termomeccanica, with internal reorganisation in Italy, the USA and China. AZB & Partners advised Termomeccanica on the India business reorganisation.
Gardner Denver Ltd invested GBP3.5 million in its Cross Lane, Bradford facility, merging two locations for design, assembly and testing of compressors, blowers and vacuum pumps. The site is operational.
The US Navy's Navfacsyscom Southwest office posted a sole-source justification for Gardner Denver air compressor systems to replace earthquake-damaged equipment at Naval Air Weapons Station China Lake, California.
Ingersoll Rand's Industrial segment completed its previously announced merger with Gardner Denver Holdings, creating a global leader in mission-critical flow creation and industrial technologies. The combined company will operate as four reportable segments.
Trane Technologies spun off its industrial business, which combined with Gardner Denver to form the new Ingersoll Rand in a deal valued at $15 billion; the transaction has been completed.
Gardner Denver completed its merger with the Ingersoll Rand Industrial segment on 29 February 2020, forming Ingersoll Rand Inc. with over 16,000 employees. The combined company makes air compressors, pumps, blowers and fluid management systems.
Gardner Denver is investing over £7 million in a new centre of excellence at its Simmern production site in Germany, adding machinery and continuous-flow production for CompAir compressors. The article states completion was due at the end of 2016, so the date may be older than the publication date.
Ingersoll Rand agreed to sell its industrial division, including Precision Flow Systems, to Gardner Denver in a transaction valued at $7.7 billion, as reported in a mid-2019 fluid handling M&A review.
Gardner Denver Holdings acquired Oina VV AB, a Stockholm-based maker of customized peristaltic pump solutions for medical, process and industrial uses, for a net purchase price of about US$10 million funded from cash on hand. Oina will join Gardner Denver's Medical Segment.
Gardner Denver and Ingersoll-Rand agreed to combine Gardner Denver with Ingersoll Rand's Industrial segment via a spin-off, creating a global pump and compressor maker valued at about $5.8 billion for Ingersoll Rand shareholders.
Ingersoll-Rand plc agreed to spin off its Industrial business and merge it with Gardner Denver Holdings in a cash-and-stock Reverse Morris Trust deal valued at about $15 billion, announced April 30, 2019.
Ingersoll Rand agreed to merge its air compressor, pumps, and fluid and materials handling business with Gardner Denver, spinning off its industrial business. The climate solutions business will receive $1.9bn in cash from the merger financing.
Gardner Denver's CompAir brand supplied a complete compressed air system to Hyundai Heavy Industries for the Nasr Full Field Development Project, part of an EPC contract with Abu Dhabi Marine Operating Company in the Al-Nasr oil field.
Ingersoll Rand agreed to sell its industrial segment to Gardner Denver for $7.7 billion, which would leave Ingersoll Rand focused on climate solutions. The deal was reported in a 2019 review of pump and valve sector M&A.
Gardner Denver Holdings has acquired MP Pumps, a Fraser, Michigan maker of specialty industrial pumps, for a net purchase price of about $58 million in cash. MP Pumps was previously owned by Lionheart Industrial Group.
Gardner Denver Holdings has acquired DV Systems Inc., a Barrie, Ontario manufacturer of rotary screw and piston compressors, funded with cash on hand. The price was not disclosed.
Gardner Denver Petroleum & Industrial Pumps is building a facility in Jebel Ali, Dubai, to serve Eastern Hemisphere markets from its pressure pumping, drilling and well service segments. Construction began in late 2017 and is expected to finish by June 2018.
Gardner Denver Holdings has acquired Sidney, Ohio-based LeROI Compressors for about $20 million in cash. LeROI makes gas compression equipment for vapor recovery and biogas, and has 80 employees.
Gardner Denver is building a 27,000-square-foot addition to its Princeton facility to add production cells and warehousing, with completion expected by the end of March 2017. It is the first new US building the company has added in 18 years.
