Ingersoll-Rand's PFS Acquisition to Close Soon, Will Join Industrial Segment

The previously announced PFS acquisition is expected to close soon and will be combined with Ingersoll-Rand's fluid management business. It will ultimately become part of the new industrial company after the merger with Gardner Denver.

“I mentioned the PFS acquisition, we expect that to close soon. It will combine with our fluid management business and of course as I mentioned once the larger split into two companies occurs, it would go with the industrial segment.”

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.