Ingersoll Rand to acquire Spain’s Pedro Gil

 

Ingersoll Rand Inc has entered into an agreement to acquire Pedro Gil Construcciones Mecánicas S, a Spanish manufacturer of positive displacement blowers, pumps and vacuum systems.  Barcelona-headquartered Pedro Gil, which has annual revenue of approximately US$15 million, expands Ingersoll Rand’s presence in Spain and adds an established brand to its portfolio.
The acquisition is expected to be completed during the fourth quarter of 2022. On completion, Pedro Gil will join Ingersoll Rand’s Industrial Technologies and Services segment.