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Consolidation trend Apr 2019 Verified

Industrial Consolidation Creates Pure-Play Climate and Industrial Leaders

The transaction highlights a trend of industrial companies separating into pure-play entities to unlock shareholder value, with Ingersoll Rand splitting its climate and industrial businesses. The combined IndustrialCo will have enhanced scale, end-market diversity, and $250M in expected cost synergies.

“Compelling opportunity to unlock significant value for all stakeholders through formation of two global leaders in their respective sectors”

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HVACRefrigeration Sentiment: Positive

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.