Ingersoll Rand to Separate Climate and Industrial Businesses

The transaction will result in the separation of Ingersoll Rand's remaining businesses into a pure-play climate solutions company (ClimateCo) focused on HVAC and transport refrigeration, while the Industrial segment combines with Gardner Denver. Existing Ingersoll Rand shareholders will retain 100% ownership of ClimateCo.

“Remaining Ingersoll Rand businesses to become a leading pure-play climate solutions company focused on HVAC & transport refrigeration”

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