(RTTNews) - Ingersoll Rand, Inc. (IR) entered into a definitive agreement to acquire Howden Roots LLC from Chart Industries, Inc. (GTLS) for an all-cash purchase price of approximately $300 million.
DAVIDSON – Ingersoll Rand is bolstering its lineup of products by adding Howden Roots, a builder of industrial blowers, for $300 million in cash from Chart Industries. Roots sells some 25,000 blowers ...
Chart Industries has agreed to sell its Roots business to Ingersoll Rand for $300 million. This is an excellent valuation, in our view, at a low teens EBITDA multiple. The business provides ...
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