M&A Deal Summary

IR Acquires Blutek

On October 1, 2024, IR acquired machinery company Blutek

Acquisition Highlights
  • This is IR’s 17th transaction in the Machinery sector.
  • This is IR’s 4th transaction in Italy.

M&A Deal Summary
Date 2024-10-01
Target Blutek
Sector Machinery
Buyer(s) IR
Deal Type Add-on Acquisition

Target

Blutek

Gorle, Italy
Blutek specializes in the design and production of highly engineered solutions for compressed air and nitrogen generation in mission-critical environments. Blutek was formed in 2002 and is headquartered in Gorle, Italy.

Search 200,577 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

IR

Davidson, North Carolina, United States
Category Company
Founded 1859
Sector Machinery
Employees18,000
Revenue 6.8B USD (2023)
DESCRIPTION

IR is a manufacturer of highly engineered products, including compressors, liquid ring pumps and blowers for various industrial, medical, environmental, transportation and process applications, pumps used in the petroleum and industrial market segments and other fluid transfer equipment, such as loading arms and dry break couplers, serving chemical, petroleum and food industries. IR was founded in 1859 and is based in Davidson, Wisconsin.

DEAL STATS #
Overall 48 of 48
Sector (Machinery) 17 of 17
Type (Add-on Acquisition) 42 of 42
Country (Italy) 4 of 4
Year (2024) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-01 APSCO

Tulsa, Oklahoma, United States

APSCO is a designer, manufacturer, and sells pneumatic and hydraulic valves, cylinders, actuators, and control systems for the heavy-duty truck equipment markets. Air Power Systems products are used in a variety of end markets, including construction, oil & gas, waste and recycling, fluid power, utility and snow, and ice removal. APSCO was founded in 1964 and is based in Tulsa, Oklahoma.

Buy -
Mergr

Product

Company

Legal