Ingersoll Rand and Gardner Denver Receive EU Clearance for Industrial Combination

Ingersoll Rand plc and Gardner Denver Holdings, Inc. received unconditional clearance from the European Commission for the proposed combination of Ingersoll Rand's Industrials business segment with Gardner Denver. The transaction remains subject to other closing conditions, including Gardner Denver stockholder approval.

“On January 30, 2020, Ingersoll-Rand plc (“Ingersoll Rand”) and Gardner Denver Holdings, Inc. (“Gardner Denver”) received unconditional clearance from the European Commission with respect to the proposed combination of the Industrials business segment of Ingersoll Rand with Gardner Denver completing all required regulatory approvals that are a condition to the closing of the transaction.”

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