Ingersoll Rand to Acquire Tuthill Pump Group, a Division of Tuthill Corporation

Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow creation and industrial solutions, has entered into an agreement to acquire the assets of Tuthill Corporation’s Pump Group. The all-cash transaction, valued at $84.6 million, is expected to close in Q4, subject to customary closing conditions. Upon transaction close, the employees and brands of the Pump Group will join the Ingersoll Rand Precision and Science Technologies (PST) segment.