Ingersoll-Rand acquired G&D Chillers, Advanced Gas for $27M

Ingersoll Rand has acquired G & D Chillers and Advanced Gas Technologies for a combined purchase price of approximately $27 million to further grow the company’s air treatment portfolio. “I would like to extend a warm welcome to the employees of G & D and AGT,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. “Both are solid businesses with strong performance and growth potential backed by great teams. Their offerings in the air treatment space will be beneficial as we continually look for ways to better serve our customers.”