The 2020 Mid-Year Economic Update_long

Ingersoll Rand Acquires Pump Manufacturer Albin Pump

Addition further builds Ingersoll Rand’s technological expertise in peristaltic pumps within the company’s portfolio
Ingersoll Rand

Ingersoll Rand Inc. (NYSE: IR), Davidson, North Carolina, completed its acquisition of Albin Pump SAS, headquartered in Montelimar, France. Financial terms of the deal weren’t disclosed.

The company said the addition “fits strategically with the company’s intention to expand its offering of fluid management technologies and drive more sustainability into pump applications.”

Albin has 30 years of experience as a manufacturer of electric peristaltic pumps, and will join the Precision and Science Technologies segment led by Nick Kendall-Jones.

“The Albin business possesses strong technological expertise in niche applications and end markets, and we are pleased to welcome them to the Ingersoll Rand family,” said Kendall-Jones. “The technologies align well with our current brands and will continue to position Ingersoll Rand for growth as an industry leader in pump and fluid technologies.”

Related Posts

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.