Ingersoll Rand Acquires Dosatron International
October 3, 2022
Ingersoll Rand Inc. has acquired Dosatron International L.L.C. and Dilution Solutions L.L.C. for an all-cash upfront purchase price of approximately $90 million plus up to $15 million in potential future consideration. The Clearwater, Florida–based dosing pump and fluid-dosing systems business (about 45 employees) will join Ingersoll Rand's Precision and Science Technologies segment, expanding the company's digital and IIoT-enabled capabilities into controlled environment agriculture, hydroponics, horticulture, animal health, food safety and water treatment.
- Buyers
- Ingersoll Rand Inc.
- Targets
- Dosatron International L.L.C., Dilution Solutions L.L.C.
- Sellers
- Eddy Kelly, Lela Kelly
- Industry
- Manufacturing
- Location
- Florida, United States
- Transaction Type
- Buyout
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