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Announced

Completed

Ingersoll Rand completed the acquisition of Seepex for €432m.

Financials

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Transaction Value£370m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2.7x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

pump manufacturer

Majority

Machinery: Industrial

Friendly

Germany

Acquisition

Cross Border

Completed

Synopsis

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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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