Deal closed Sep 2011 Verified
Ingersoll-Rand Completes Sale of Majority Interest in Hussmann to Clayton, Dubilier & Rice
On September 30, 2011, Ingersoll-Rand plc completed the sale of a majority interest in its Hussmann business to an affiliate of the private equity firm Clayton, Dubilier & Rice, LLC. The transaction was previously described in an 8-K filed on August 8, 2011.
“On September 30, 2011, Ingersoll-Rand plc (“IR”) completed the sale of a majority interest in its Hussmann business to an affiliate of the private equity firm Clayton, Dubilier & Rice, LLC (“Hussmann Parent”) on the terms described in the Form 8-K filed on August 8, 2011.”
Entities
Clayton, Dubilier & Rice, LLC · Acquirer Hussmann · Target Ingersoll-Rand plc · Target
Refrigeration Sentiment: Neutral
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.