M&A Deal Summary

IR Acquires CALMAC

On November 20, 2017, IR acquired energy services and equipment company CALMAC

Acquisition Highlights
  • This is IR’s 1st transaction in the Energy Services and Equipment sector.
  • This is IR’s 16th transaction in the United States.
  • This is IR’s 4th transaction in New Jersey.

M&A Deal Summary

Date 2017-11-20
Target CALMAC
Sector Energy Services and Equipment
Buyer(s) IR
Deal Type Add-on Acquisition

Target

CALMAC

Fair Lawn, New Jersey, United States
CALMAC Corp. is specializing in thermal energy storage solutions. CALMAC was founded in 1947 and is based in Fair Lawn, New Jersey.

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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 22 of 48
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 21 of 42
State (New Jersey) 4 of 4
Country (United States) 16 of 27
Year (2017) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-31 GPSI Holdings

Sarasota, Florida, United States

GPSI Holdings LLC is a developer, manufacturer and seller of a new and refurbished cart-mounted GPS distance measurement devices along with the related infrastructure for use with golf course operations, and provides service required to properly maintain the units. GPSI Holdings was founded in 20009 and is based in Sarasota, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-14 Runtech Systems Oy

Kolho, Finland

Runtech Systems Oy is a manufacturer of turbo vacuum technology systems and optimization solutions for use in a variety of process-oriented industrial end markets. Runtech Systems was founded in 1996 and is based in Kolho, Finland.

Buy $93M