Ingersoll Rand completed the acquisition of the air treatment business of SPX FLOW for $525m.

Ingersoll Rand, a provider of a broad range of mission critical air, fluid, energy, specialty vehicle and medical technologies, completed the acquisition of the air treatment business of SPX FLOW, a firm offering engineering solutions in two segments, for $525m. “We are excited to welcome the SPX FLOW Air Treatment team into the Ingersoll Rand family. Our customers lean on us to deliver innovative technologies that drive reliability, efficiency, performance and excellence. Compressed air dryer and filtration equipment helps increase the production and process reliability of the compressor and continues our strategy of expanding our product offerings in the broader compressor ecosystem. The business is highly complementary and we expect it to be driven by the same sustainability trends that we see as a tailwind for our compressor business," Vicente Reynal, Ingersoll Rand Chairman and CEO.