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Announced

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Ingersoll Rand completed the acquisition of Dosatron International and Dilution Solutions for $105m.

Synopsis

Ingersoll Rand, a provider of mission-critical flow creation and industrial solutions, completed the acquisition of Dosatron International and Dilution Solutions, two technology solutions providers of water powered dosing pumps and systems, for $105m. “Our Dosatron brand is a global leader in energy efficient, water-powered dosing technology that plays at the nexus of clean and sustainable farming. This acquisition will enable us to more closely align our new product development with end user needs. Dosatron International has extremely strong customer relationships in growing end markets like indoor farming and has developed unique IIoT solutions and systems to serve these customers. We see significant opportunity to introduce other Ingersoll Rand product lines including Maximus, Ion Solutions and LMI to these markets and customers,” Vicente Reynal, Ingersoll Rand Chairman and CEO.

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