hvacrollups.com
← All signals
Divestiture Oct 2019 Verified

Ingersoll Rand to Separate Industrial Segment, Form Pure-Play Climate Technologies Company

As part of the transaction, Ingersoll Rand will separate its Industrial segment to combine with Gardner Denver, leaving behind a standalone pure-play Climate technologies company. This ClimateCo will focus on HVAC and transport refrigeration.

“creating a premier Industrial company as well as a leading pure-play Climate technologies company focused on HVAC and transport refrigeration.”

Entities

HVACRefrigeration Sentiment: Positive

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.