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New Deal


Announced

Ingersoll Rand to acquire Tuthill Vacuum and Blower Systems for $184m.

Financials

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Transaction Value£137m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Pending

Domestic

Majority

Friendly

Private

Single Bidder

Machinery: Specialty

vacuum pumps

United States

Synopsis

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Ingersoll Rand, a global provider of mission-critical flow creation and industrial solutions, agreed to acquire Tuthill Vacuum and Blower Systems, a manufacturer of positive displacement blowers, mechanical vacuum pumps, vacuum boosters and engineered systems, from Tuthill, a manufacturer of pumps, meters, vacuum systems, and blowers, for $184m. "This transaction delivers on our commitment to significantly accelerate our growth plan and demonstrates our ability to seek out premium and iconic industrial brands with strong complementary technology and commercial growth opportunities,” Vicente Reynal, Ingersoll Rand CEO.

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