Ingersoll Rand (NYSE:IR) said Monday it agreed to acquire engineering development and manufacturing company ILC Dover for an $2.325B up front in cash and an earnout tied to the achievement of ...

Ingersoll Rand has signed an agreement for the acquisition of ILC Dover from investment company New Mountain Capital for $2.325bn in cash upfront, expanding its presence in life sciences.

FREDERICA, Del., Jan. 13, 2025 /PRNewswire/ -- ILC Dover ("ILC Dover" or the "Company"), an Ingersoll Rand Business and world leader in innovative protective solutions, announced the launch of ...