Announced
Completed
Synopsis
Ingersoll Rand, a provider of mission-critical flow creation and industrial solutions, completed the acquisition of Pedro Gil, a manufacturer of positive displacement blowers, and Westwood Technical, a control and instrumentation specialist, for $30m. “These transactions highlight our funnel generation capabilities and ability to source and execute bolt-on acquisitions that improve the quality of our portfolio. Pedro Gil is a leader in the Spanish high performance air blower market and increases our ability to reach and serve customers in this important geography. The AircomTM technology platform can be used with existing Ingersoll Rand products and significantly enhances our IIoT monitoring capabilities with a very cost effective solution," Vicente Reynal, Ingersoll Rand Chairman and CEO.
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