DAVIDSON, N.C.– Ingersoll Rand Inc. has entered into agreements to acquire Everest Blowers Private Limited and Everest Blower Systems Private Limited (collectively, “Everest Group”) and Airmax Groupe (“Airmax”) for a combined all-cash upfront purchase price of approximately $86 million with additional potential consideration based on achievement of Everest financial targets.
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NEW HYDE PARK, NY. – Power-Flo Technologies (PFT) announces the hiring of Andrew Crawford as its newly appointed president of Power-Flo Pumps and Systems. Reporting directly to the CEO, Crawford will drive continual improvement for the PFT Brand of products as well as growing their distributor network of submersible, end-suction, circulator and dewatering pumps.
ONTARIO – The new production plant is officially in operation after its formal unveiling at Lafert’s 60th anniversity celebrations in San Donà di Piave, Italy, close to the historic headquarters.