Ingersoll Rand to Combine Industrial Segment with Gardner Denver, Creating Pure-Play Climate Company

Ingersoll Rand is proceeding with a proposed transaction to combine its Industrial segment with Gardner Denver. The deal is expected to close in early 2020, resulting in a premier Industrial company and a separate, pure-play Climate technologies company focused on HVAC and transport refrigeration.

“the proposed transaction to combine our Industrial segment with Gardner Denver. We continue to be excited about the prospects of creating a premier Industrial company as well as a leading pure-play Climate technologies company focused on HVAC and transport refrigeration.”

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.