04/16/2025
Ingersoll Rand, a global provider of mission-critical flow creation and life science and industrial solutions, has acquired G&D Chillers and Advanced Gas Technologies (AGT) for a combined purchase price of approximately $27 million to further grow the company’s air treatment portfolio.
G&D Chillers, headquartered in the United States, builds premium glycol chillers to cool liquids, especially in applications requiring temperatures below freezing, like in breweries, wineries and food processing. G&D expands Ingersoll Rand’s manufacturing, engineering and engineer to order capabilities for chillers in the North American market.
AGT, headquartered in Ontario, Canada, is a custom designer and supplier of onsite gas generation systems serving industrial customers primarily in Canada. This acquisition adds new packaging capabilities and an established channel presence.
G&D and AGT will both join the Industrial Technologies and Services segment (IT&S).
“I would like to extend a warm welcome to the employees of G&D and AGT,” said Vicente Reynal, Chairman and CEO, Ingersoll Rand. “Both are solid businesses with strong performance and growth potential backed by great teams. Their offerings in the air treatment space will be beneficial as we continually look for ways to better serve our customers.”
About Ingersoll Rand
Ingersoll Rand, driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for its employees, customers, shareholders and planet. Customers lean on Ingersoll Rand for exceptional performance and durability in mission-critical flow creation and life science and industrial solutions. Supported by over 80+ respected brands, its products and services excel in the most complex and harsh conditions. For more information, visit https://www.irco.com.
