Ingersoll Rand (IR) said Monday it has completed the acquisition of ILC Dover, which offers materials for use in the life sciences industry, for about $2.33 billion and is acquiring three more companies for a combined price of roughly $150 million.
Ingersoll said its additional acquisitions are Complete Air and Power Solutions based in Australia, Del PD Pumps & Gear in India, and Fruvac in Canada.
Ingersoll said in March that it intends to establish a life sciences platform consisting of ILC and Ingersoll's life science-focused brands.
Price: 91.66, Change: +1.62, Percent Change: +1.80
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments