Ingersoll Rand Trading Volume Drops 38.81% to $203 Million, Ranks 454th as Stock Price Rises 0.37%

Generated by AI AgentAinvest Volume Radar
Friday, Jul 11, 2025 6:07 pm ET1min read

On July 11, 2025,

(IR) saw a trading volume of $203 million, marking a 38.81% decrease from the previous day. The stock ranked 454th in terms of trading volume for the day. IR's stock price rose by 0.37%, marking the fourth consecutive day of gains, with a total increase of 2.51% over the past four days.

Ingersoll Rand Inc. has expanded its gas-end production capabilities with the acquisition of Italian compressor manufacturer Termomeccanica Industrial Compressors S.p.A. (TMIC) and its subsidiary Adicomp S.p.A. for approximately €160 million. This strategic move is aimed at enhancing Ingersoll Rand's position in the industrial machinery sector.

TMIC, with over a century of experience in designing and manufacturing air and gas compressors, and Adicomp, known for its engineered-to-order solutions for the renewable natural gas sector, will be integrated into Ingersoll Rand’s Industrial Technologies and Services division. This acquisition is expected to significantly boost Ingersoll Rand’s capacity to produce packaging and renewable natural gas gas-ends, positioning the company for growth in these critical areas.

The acquisition was made at an attractive low-double-digit multiple, with an anticipated post-synergy multiple in the mid-to-high single digits. This strategic investment aligns with Ingersoll Rand's commitment to providing essential air, fluid, and energy technology to scientific, industrial, and medical applications globally. The company's two primary business divisions, Precision & Science Technologies and Industrial Technologies & Services, are poised to benefit from this expansion.

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