The global technology leading specialist for progressive cavity pumps, pump systems and digital solutions has joined Ingersoll Rand in order to accelerate its growth.
Ingersoll Rand is a global provider of mission-critical flow creation and industrial solutions.
With the acquisition of Seepex, Ingersoll Rand is pursuing a growth strategy within its precision and sciences segment (PST) to grow its pump technology offering in the water, wastewater and food and beverage sectors.
“We are excited to welcome the Seepex team to the Ingersoll Rand family. With this transaction, we continue to accelerate our growth plan and deliver on our commitment to advance our digital capabilities, aftermarket growth, and complementary technology and innovation efforts,” said Vicente Reynal, chief executive
officer of Ingersoll Rand.
Ulli Seeberger, chairman and owner of Seepex, added: “Ingersoll Rand emerged as the buyer of choice given the cultural fit, vision for the business and their approach. We have had a family-owned business of more than 45 years and it was imperative to find a buyer who had a purpose and values like ours with a steadfast commitment to customer satisfaction. I’m confident our team will feel at home with Ingersoll Rand.”
“Adding progressive cavity pumps to our portfolio has been a strategic priority, and Seepex sets us up for future growth as well as complements our existing PST brands,” said Nick Kendall-Jones, vice president and general manager of the PST segment within
Ingersoll Rand. “The proven capability and expertise of the Seepex team is second to none with their patents and product development, and the robust Industrial Internet of Things (IIOT) platform they have built around the pump.”
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