M&A Deal Summary

IR Acquires Hayne

On August 1, 2022, IR acquired machinery company Hayne

Acquisition Highlights
  • This is IR’s 12th transaction in the Machinery sector.
  • This is IR’s 1st transaction in China.

M&A Deal Summary

Date 2022-08-01
Target Hayne
Sector Machinery
Buyer(s) IR
Deal Type Add-on Acquisition

Target

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.

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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 37 of 53
Sector: Machinery M&A 12 of 20
Type: Add-on Acquisition M&A Deals 33 of 46
Country: China M&A 1 of 2
Year: 2022 M&A 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-01 Holtec Gas Systems

Saint Charles, Missouri, United States

Holtec Gas Systems is an internationally recognized nitrogen generator manufacturer, offering expertly designed nitrogen generation systems. Holtec has designed and fabricated nitrogen generators for a great variety of industrial, food & beverage, and manufacturing applications worldwide. Holtec Gas Systems is based in Saint Charles, Missouri.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-13 Pedro Gil

Barcelona, Spain

Pedro Gil is a manufacturer of positive displacement blowers, pumps, and vacuum systems in the Spanish market. Pedro Gil is based in Barcelona, Spain.

Buy -