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Synopsis
Ingersoll Rand, a global provider of mission-critical flow creation and industrial solutions, completed the acquisition of Maximus, a provider of digital controls and Industrial Internet of Things production management systems for the agritech market, for $110m. "Leveraging Ingersoll Rand Execution Excellence will help drive additional innovation and significant synergies with Dosatron and other PST brands. This acquisition is expected to generate significant value for our stockholders," Vicente Reynal, Ingersoll Rand CEO.
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