Ingersoll Rand Accelerates Value Creation Through Continued M&A, Announces New Acquisition
1. Ingersoll Rand acquired TMIC and Adicomp for €160 million. 2. The acquisition enhances Ingersoll Rand’s competencies in high-growth markets. 3. The purchase is based on a low-double-digit multiple with a lower post-synergy multiple expected. 4. TMIC has over 100 years of experience, enhancing Ingersoll Rand's market position. 5. Acquisition reflects Ingersoll Rand's continued focus on structured capital allocation.