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0 0 0 0.010413444685019 0.000103103412722867 -0.00989792762140435 -0.00989792762140435 0.0235075781008351
Stock impact report

Ingersoll Rand Boosts Product Portfolio With 3 Acquisitions [Yahoo! Finance]

Ingersoll Rand Inc. (IR) 
Last ingersoll rand inc. earnings: 1/29 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
IR recently completed the acquisition of Air Power Systems Co., LLC (“APSCO”), Blutek s.r.l. (Blutek) and UT Pumps & Systems Private Limited (UT Pumps) for a total price of around $135 million. So far this year, Ingersoll Rand has completed 14 acquisitions. APSCO, Blutek and UT Pumps are based in the United States, Italy and India respectively. APSCO is engaged in producing hydraulic and pneumatic products and engineered solutions for specialty work truck vehicles. Its products include hydraulic coolers, systems, components, pneumatic consoles, cylinders, valves and switches. Blutek designs and produces engineered compressed air and nitrogen generation solutions in crucial settings. UT Pumps manufactures screw pumps and triplex plunger pumps for end markets including water, wastewater, food and beverage, pharmaceuticals, general industrial and chemicals. Acquisition Rationale of IR The buyout of APSCO is in sync with Ingersoll Rand's policy of acquiring businesses to strengthe Show less Read more
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