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Synopsis
Ingersoll Rand, a global provider of mission-critical flow creation and industrial solutions, completed the acquisition of Seepex, a positive displacement pump manufacturer, for €432m ($512m). "We are excited to welcome the Seepex team to the Ingersoll Rand family. With this transaction, we continue to accelerate our growth plan and deliver on our commitment to advance our digital capabilities, aftermarket growth, and complementary technology and innovation efforts," Vicente Reynal, Ingersoll Rand CEO.
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