Consolidation trend Oct 2024 Verified
Ingersoll Rand executes disciplined bolt-on acquisition strategy
Ingersoll Rand has closed 14 acquisitions this year as part of its disciplined capital allocation strategy, aiming to enhance its durable financial profile by serving high-growth, sustainable end markets. The company expects to achieve mid-teens return on invested capital (ROIC) by the third full year of ownership.
“Thus far, Ingersoll Rand has closed 14 acquisitions this year as part of its disciplined capital allocation strategy.”
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Other Sentiment: Positive
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