Ingersoll Rand (IR) Buys Lone Star Blower To Grow Mission Critical Industrial Reach

Ingersoll Rand (NYSE:IR) has agreed to acquire Lone Star Blower, Inc., expanding its presence in mission critical industrial markets. The deal adds Lone Star’s blower, compressor, and control system technologies, along with its water and wastewater footprint, to Ingersoll Rand’s Industrial Technologies and Services segment. The acquisition is expected to broaden aftermarket services and rental offerings for Ingersoll Rand customers. Ingersoll Rand enters this transaction with its stock at...