Ingersoll Rand completed the acquisition of Oxywise and Fraserwoods for $26m.

Ingersoll Rand, an industrial manufacturer, completed the acquisition of Oxywise, a specialist in the turnkey supply, support, and maintenance of PSA oxygen and nitrogen generators for the healthcare sector, and Fraserwoods, a provider of services, repair and return, and remanufacturing of blowers and pumps to key original equipment manufacturers in the vacuum truck market, for $26m. “These acquisitions strengthen our company’s core capabilities and provide opportunities to grow our exposure in high-growth, sustainable end markets. We are excited to welcome the expertise and quality that Oxywise and Fraserwoods are known for in their respective markets,” Vicente Reynal, Ingersoll Rand Chairman and CEO.