Ingersoll Rand Inc. announced on April 15, 2025, the acquisition of G & D Chillers, Inc. and Advanced Gas Technologies Inc. (AGT) for a combined purchase price of approximately $27 million. These acquisitions are set to further grow the company’s air treatment portfolio.
G & D Chillers, based in the United States, specializes in building premium glycol chillers for applications requiring below-freezing temperatures, such as breweries, wineries, and food processing. This acquisition expands Ingersoll Rand’s manufacturing, engineering, and Engineer to Order (ETO) capabilities for chillers in North America.
AGT, headquartered in Ontario, Canada, is a custom designer and supplier of onsite gas generation systems for industrial customers. This addition brings new packaging capabilities and an established channel presence to Ingersoll Rand. Both G & D and AGT will integrate into the Industrial Technologies and Services (IT&S) segment.
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