Add-on Acquisition • Machinery

IR Acquires G&D Chillers

On April 15, 2025, IR acquired machinery company G&D Chillers

Acquisition Context
  • This is IR’s 18th transaction in the Machinery sector.
  • This is IR’s 28th transaction in the United States.
  • This is IR’s 1st transaction in Oregon.

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M&A Deal Summary

Date April 15, 2025
Target G&D Chillers
Sector Machinery
Buyer(s) IR
Deal Type Add-on Acquisition

Target Company

G&D Chillers

Junction, Oregon, United States
G&D Chillers builds premium glycol chillers to cool liquids, especially in applications requiring temperatures below freezing, like in breweries, wineries, and food processing. G&D Chillers is based in Junction, Oregon.
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Buyer Overview 1

Buyer

IR

Davidson, North Carolina, United States

Category Company
Founded 1859
Sector Machinery
Employees18,000
Revenue 7.2B USD (2024)
DESCRIPTION
Ingersoll Rand's corporate headquarters in Davidson, North Carolina.
Ingersoll Rand's corporate headquarters in Davidson, North Carolina.

IR manufactures 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 Context for Buyer #
Overall 49 of 53
Sector: Machinery 18 of 20
Type: Add-on Acquisition 43 of 46
State: Oregon 1 of 1
Country: United States 28 of 28
Year: 2025 1 of 5
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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-03 Lead Fluid

Baoding, China

Lead Fluid designs and manufactures advanced fluid-handling products, including peristaltic pumps, syringe pumps, gear pumps, and pump heads, used for life science applications requiring precise fluid delivery, sterile conditions, and gentle handling of sensitive materials. Lead Fluid was formed in 1999 and is headquartered in Baoding, China.

Buy -