Ingersoll Rand Announces Acquisition of ICS Group Holdings Limited, a Leading European Temperature Control and HVAC Solutions Provider
Ingersoll-Rand plc (NYSE:IR), a world leader in creating comfortable, sustainable and efficient environments, today announced the acquisition of United Kingdom-based ICS Group Holdings Limited (ICS Cool Energy). ICS Cool Energy will be part of the company’s Commercial Heating, Ventilation and Air Conditioning (HVAC) business.
ICS Cool Energy is a privately owned temperature control and HVAC solutions and services company that specializes in temporary rental of energy efficient chillers for commercial and industrial buildings across Europe. It also sells, permanently installs and services high performance temperature control systems for all types of industrial processes.
“ICS Cool Energy is a leader in the high margin rental services business with a reputation for strong customer service, helping building owners enhance productivity and reduce environmental impact,” said Dave Regnery, executive vice president of Ingersoll Rand. “This acquisition is a strong fit with our Trane business, and strengthens our growth plans and ability to serve a broader range of customers in the important European market.”
“We are excited to be part of Ingersoll Rand because of its market leadership, strong values and commitment to customers,” said Simon West, Group CEO for ICS Cool Energy. “Our track record of customer service, our footprint and our capabilities in temporary rental services are complementary to the Trane business. Together, we will create even greater value for European customers.”
The company is headquartered in Southampton, England and has an extensive footprint in the United Kingdom, France, Germany, the Netherlands and Switzerland.
The financial terms of the deal were not disclosed and are not material.
About Ingersoll Rand
Ingersoll Rand (NYSE:IR) advances the quality of life by creating comfortable, sustainable and efficient environments. Our people and our family of brands — including Club Car® , Ingersoll Rand® , Thermo King® and Trane® — work together to enhance the quality and comfort of air in homes and buildings; transport and protect food and perishables; and increase industrial productivity and efficiency. We are a $14 billion global business committed to a world of sustainable progress and enduring results. For more information, visit ingersollrand.com .
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skrive dig op her og du vil løbende modtage pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
NV-BIGELOW-SPACE21.2.2018 01:20 | pressemeddelelse
Bigelow Space Operations Announces Partnership with CASIS to Fly Payloads to the International Space Station
NV-BIGELOW-AEROSPACE20.2.2018 23:02 | pressemeddelelse
Bigelow Aerospace Announces the Creation of Bigelow Space Operations
CA-ANDERSEN-TAX20.2.2018 15:32 | pressemeddelelse
Andersen Tax & Legal Launches in Egypt
SES20.2.2018 15:02 | pressemeddelelse
ETECSA Enhances Connectivity to the Rest of the World with SES Networks
SARTORIUS-AG20.2.2018 15:02 | pressemeddelelse
Proposals of the Supervisory Board to Be Submitted to the Annual General Shareholders' Meeting of Sartorius AG
CA-MONIKER-INC20.2.2018 15:02 | pressemeddelelse
First Dedicated Esports Apparel Brand H4X.gg Unveils Its Debut Line of Performance Gear and Streetwear, Partners with ESL and DreamHack
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum