Ingersoll Rand Acquires Lead Fluid, Boosts Regional Growth Strategy in Life Sciences

June 03, 2025 at 08:30 AM EDT

Execution of bolt-on acquisition supports Ingersoll Rand’s in-region, for-region strategy
Acquisition will enhance company capabilities in life science applications
Pre-synergy Adjusted EBITDA purchase multiple in low double-digits

DAVIDSON, N.C., June 03, 2025 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and life science and industrial solutions, has acquired Lead Fluid (Baoding) Intelligent Equipment Manufacturing Co., Ltd. (“Lead Fluid”), reflecting its commitment to an in-region, for-region growth strategy.

China-based Lead Fluid designs and manufactures advanced fluid-handling products, including peristaltic pumps, syringe pumps, gear pumps, and pump heads, used for life science applications requiring precise fluid delivery, sterile conditions, and gentle handling of sensitive materials. Its annual revenue is approximately $8 million.

Lead Fluid will join the Life Sciences platform within the Precision and Science Technologies (P&ST) segment.

“As we continue to execute bolt-on acquisitions that further our in-region, for-region strategy, Lead Fluid is a leading domestic brand with an excellent reputation,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. “This acquisition demonstrates our ability to work directly with family founders to add leading companies to Ingersoll Rand. We look forward to strengthening our life science capabilities in China and the overall durability of our portfolio by increasing our exposure to this high-growth, sustainable end market.”

About Ingersoll Rand Inc.

Ingersoll Rand Inc. (NYSE: IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission-critical flow creation and life science and industrial solutions. Supported by over 80+ respected brands, our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity, and efficiency. For more information, visit www.IRCO.com.

Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to Ingersoll Rand Inc.’s (the “Company” or “Ingersoll Rand”) expectations regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “on track to” “will continue,” “will likely result,” “guidance” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements other than historical facts are forward-looking statements.

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