Ingersoll Rand Expands Life Sciences Portfolio with Acquisition of Dave Barry Plastics
1. Ingersoll Rand acquired Dave Barry Plastics, expanding life sciences portfolio. 2. The acquisition aims for growth through innovation and market expansion. 3. Investment was made at an attractive purchase multiple of 9x 2024 EBITDA. 4. Acquisition strengthens capabilities in biopharmaceutical and medical device industries. 5. CEO emphasizes commitment to purposeful, direct investments for long-term value.