Ingersoll Rand Completes Acquisition of Precision Flow Systems
16 Mai 2019 - 12:30PM
Business Wire
Ingersoll-Rand plc (NYSE:IR), a world leader in creating
comfortable, sustainable and efficient environments, today
announced it has completed the acquisition of Precision Flow
Systems (“PFS”) from funds advised by BC Partners Advisors L.P. and
The Carlyle Group. The transaction was completed on May 15, 2019
for $1.45 billion.
PFS is a leading provider of fluid management systems with world
class brands including Milton Roy®, LMI®, Haskel®, BuTech®,
Dosatron®, YZ Systems®, Williams® and Hartell®. It serves
mission-critical applications including water, precision
irrigation, oil and gas, chemical and industrial. PFS generated
sales of approximately $400 million in 2018, has approximately
1,000 employees and operates seven global manufacturing
locations.
About Ingersoll Rand
Ingersoll Rand (NYSE:IR) advances the quality of life by
creating comfortable, sustainable and efficient environments. Our
people and our family of brands — including Club
Car®, Ingersoll Rand®, Thermo
King® and Trane® — work together to enhance the
quality and comfort of air in homes and buildings; transport and
protect food and perishables; and increase industrial productivity
and efficiency. We are a global business committed to a world
of sustainable progress and enduring results. For more information,
visit ingersollrand.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190516005074/en/
Media:Perri Richman732-319-1024,
prichman@irco.comInvestors:Zachary Nagle704-990-3913,
investorrelations@irco.com
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