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Ingersoll Rand Acquires Fox s.r.l., Expanding Metering and Dosing Capabilities

  • Strengthens metering and dosing solutions through the addition of dampener and accumulator technologies that improve pump performance, durability, and reliability, supporting higher‑quality output and increased productivity for customers
  • Adds another founder-owned company to the Ingersoll Rand portfolio and highlights the ability to identify and cultivate bolt-on acquisitions on a proprietary basis
  • Investment made at attractive high single-digit purchase multiple of 2025 Adjusted EBITDA

DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and life science and industrial solutions, has acquired Fox s.r.l. and XF s.r.l. (“Fox”), expanding the company’s metering and dosing technologies portfolio.

Based in Milan, Italy, Fox manufactures hydropneumatic accumulators, pulsation dampeners, calibration pots, and instrumentation to stabilize flow and pressure in dosing systems, protecting downstream equipment and improving the performance in complex solutions. The acquisition will enable Ingersoll Rand to combine technologies with Fox’s offerings to provide comprehensive, end-to-end metering and dosing solutions.

“The addition of Fox strengthens our metering and dosing portfolio and enhances our ability to deliver more complete, competitive solutions for customers,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. “Fox brings more than 40 years of expertise and highly complementary dampener and accumulator technologies that expand our capabilities to provide packaged dosing systems and create additional value for our customers and shareholders.”

Fox will join the Precision and Science Technologies (P&ST) segment.

About Ingersoll Rand Inc.

Ingersoll Rand Inc. (NYSE: IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission-critical flow creation and life science and industrial solutions. Supported by over 80+ respected brands, our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity, and efficiency. For more information, visit www.IRCO.com.

Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to the expectations of Ingersoll Rand Inc. (the “Company” or “Ingersoll Rand”), regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “on track to,” “will continue,” “will likely result,” “guidance” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements other than historical facts are forward-looking statements.

These forward-looking statements are based on Ingersoll Rand’s current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from these current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates, or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) adverse impact on our operations and financial performance due to geopolitical tensions, natural disaster, catastrophe, cyber events, or other events outside of our control; (2) unexpected costs, charges, or expenses resulting from completed and proposed business combinations; (3) uncertainty of the expected financial performance of the Company; (4) failure to realize the anticipated benefits of completed and proposed business combinations; (5) the ability of the Company to implement its business strategy; (6) difficulties and delays in achieving revenue and cost synergies; (7) inability of the Company to retain and hire key personnel; (8) evolving legal, regulatory, and tax regimes; (9) changes in general economic and/or industry specific conditions; (10) actions by third parties, including government agencies; and (11) other risk factors detailed in Ingersoll Rand’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”), as such factors may be updated from time to time in its periodic filings with the SEC, which are available on the SEC’s website at http://www.sec.gov. The foregoing list of important factors is not exclusive.

Any forward-looking statements speak only as of the date of this release. Ingersoll Rand undertakes no obligation to update any forward-looking statements, whether as a result of new information or developments, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

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Ingersoll Rand Inc.

NYSE:IR
Details
Headquarters: Davidson, North Carolina, USA
Website: www.irco.com
CEO: Vicente Reynal
Employees: 16,000
Organization: PUB
Revenues: $6460.3M (2018)
Net Income: $380.4M (2018)

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