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Ingersoll Rand to acquire ILC Dover to strengthen position in life sciences

PUBLIC · IRMar 25, 2024

Acquiring Company

Ingersoll Rand

Acquired Company

ILC Dover

DavidsonManufacturingIndustrial Machinery ManufacturingManufacturingBiotechnology

Description

Ingersoll Rand Inc., a global provider of industrial solutions, has announced an agreement to acquire ILC Dover in a strategic move to expand its presence in the life sciences sector. This acquisition will enable Ingersoll Rand to further focus its growth and investment in life sciences, leveraging ILC Dover's established market positions, brands, and customer base.

Quick answer

Ingersoll Rand is acquiring ILC Dover, announced March 25, 2024. Ingersoll Rand is based in Davidson, North Carolina, United States.

How much did Ingersoll Rand pay for ILC Dover?
The deal value was not disclosed.
What does Ingersoll Rand do?
Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities.
Where are Ingersoll Rand and ILC Dover based?
Ingersoll Rand is based in Davidson, North Carolina, United States.
Who are the decision-makers at Ingersoll Rand?
Fundz holds 2 contacts at Ingersoll Rand. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Industrial Machinery Manufacturing and Manufacturing

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Company Information

Company

Ingersoll Rand

Location

Davidson, North Carolina, United States

About

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. For more information, visit www.IRCO.com.

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Frequently asked

Who acquired ILC Dover?

ILC Dover was acquired by Ingersoll Rand, based in Davidson. The deal was reported on March 25, 2024. Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Ingersoll Rand is publicly traded (IR) and operates in Manufacturing.

When did Ingersoll Rand acquire ILC Dover?

Ingersoll Rand's acquisition of ILC Dover was reported on March 25, 2024. Ingersoll Rand Inc., a global provider of industrial solutions, has announced an agreement to acquire ILC Dover in a strategic move to expand its presence in the life sciences sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ILC Dover do?

ILC Dover is a world-leader in the design and production of innovative solutions for biopharmaceutical, pharmaceutical, medical device markets, and the space industry. It is privately held, operating in Manufacturing.

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