M&A Deal Summary

IR Acquires Jorc

On February 2, 2022, IR acquired manufacturer Jorc for 27M EUR

Acquisition Highlights
  • This is IR’s 11th transaction in the Manufacturing sector.
  • This is IR’s 17th largest (disclosed) transaction.
  • This is IR’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2022-02-02
Target Jorc
Sector Manufacturing
Buyer(s) IR
Deal Type Add-on Acquisition
Deal Value 27M EUR

Target

Jorc

Heerlen, Netherlands
Jorc is a manufacturer of condensate management products, primarily condensate drains, oil/water separators, and air-saving equipment. Jorc was founded in 1991 and is based in Heerlen, Netherlands.

Search 215,058 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 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 STATS #
Overall 34 of 53
Sector: Manufacturing M&A 11 of 15
Type: Add-on Acquisition M&A Deals 30 of 46
Country: Netherlands M&A 1 of 1
Year: 2022 M&A 1 of 8
Size (of disclosed) 17 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 Tuthill Pump Group

Alsip, Illinois, United States

Tuthill Pump Group is a provider in gear and rotary piston pump solutions for sustainable, high growth end markets, including life science, food and beverage, medical and water and wastewater treatment.

Buy $85M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-01 Hayne

Shanghai, China

Hayne is an OEM supplier of air treatment products with several unique patents in China around desiccant and refrigerated compressed air dryers and air filters. Hayne was founded in 1991 and is based in Shanghai, China.

Buy -