Ingersoll Rand to Spin Off Industrial Segment and Combine with Gardner Denver

Ingersoll Rand plc announced a definitive agreement to separate its Industrial segment via a spin-off to shareholders and then combine it with Gardner Denver Holdings, Inc., creating a new global leader in flow creation and industrial technologies.

“On April 30, 2019, Ingersoll-Rand plc ("Ingersoll Rand") and Gardner Denver Holdings, Inc. ("Gardner Denver") announced that they have entered into definitive agreements pursuant to which Ingersoll Rand will separate its Industrial segment businesses by way of spin-off to Ingersoll Rand's shareholders and then combine Ingersoll Rand’s Industrial segment with Gardner Denver, creating a global leader in mission-critical flow creation and industrial technologies.”

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