Ingersoll Rand (IR) Boosts Portfolio With ILC Dover Buyout

Ingersoll Rand Inc. (IR) recently completed the acquisition of ILC Dover for $2.325 billion in cash upfront. This deal was announced in March 2024. Concurrently, the company acquired Complete Air and Power Solutions (“CAPS”), Del PD Pumps & Gear Pvt Ltd. (Del Pumps) and Fruvac Ltd. (Fruitland Manufacturing) for a total price of around $150 million.ILC Dover is engaged in designing and manufacturing advanced solutions for the biopharmaceutical, pharmaceutical, aerospace and medical device end markets. The co ...