Skip to main content

Ingersoll Rand acquires Precision Flow Systems

Published by
Hydrocarbon Engineering,


Ingersoll-Rand PLC has announced it has completed the acquisition of Precision Flow Systems from funds advised by BC Partners Advisors LP and The Carlyle Group. The transaction was completed on 15 May 2019 for US$1.45 billion.

PFS is a provider of fluid management systems with a range of global brands. It serves mission-critical applications including water, precision irrigation, oil and gas, chemical and industrial. PFS generated sales of approximately US$400 million in 2018, has approximately 1000 employees and operates seven global manufacturing locations.

Read the article online at: https://www.hydrocarbonengineering.com/refining/16052019/ingersoll-rand-acquires-precision-flow-systems/

You might also like

The hydrogen roadmap to relevance

Andy McIntire and Praveem Sam, Honeywell Connected Industrial, USA, detail the use of industrial-grade software to support the digital transformation of the hydrogen sector.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Downstream news