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 ...