Ingersoll Rand Acquires Leading Peristaltic Pump Manufacturer, Albin Pump SAS
Ingersoll Rand Inc. (IR)
Last ingersoll rand inc. earnings: 1/29 06:30 am
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Source: Business Wire
Further builds technological expertise in peristaltic pumps within the Ingersoll Rand portfolioAccelerates Ingersoll Rand’s growth into electrically driven positive displacement pumps DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and industrial solutions, completed the acquisition of Albin Pump SAS (Albin) headquartered in Montelimar, France. The transaction was completed with cash on hand and fits strategically with the company’s intention to expand its offering of fluid management technologies and drive more sustainability into pump applications.Electric peristaltic pumps are one of the fastest growing positive displacement technologies and yield strong aftermarket opportunities. Albin has 30 years of experience as a leading manufacturer of electric peristaltic pumps, and will join the Precision and Science Technologies segment led by Nick Kendall-Jones.“The Albin business possesses strong technological expert
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