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

Ingersoll Rand announced a strategic transaction to combine its Industrial segment with Gardner Denver, resulting in a premier industrial company and a separate, leading pure-play Climate solutions company focused on HVAC and transport refrigeration. The transaction is expected to close in early 2020.

“When we are on the road, we often get questions about the status of the strategic announcement we made at the end of April 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 solutions company focused on HVAC and transport refrigeration.”

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