IR - Public offerings

ATLANTA, Ga., Aug. 18, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE:GTLS) ("Chart") announced that today it has closed its sale of the Roots™ business ("Roots") to Ingersoll Rand Inc. (NYSE:IR) ("Ingersoll Rand") for an all-cash purchase price of $300 million, representing an attractive low-teens adjusted EBITDA multiple. The proceeds from the sale are being used for debt paydown. Roots is a leading provider of low-pressure compression and vacuum technologies. As part of the transaction, Ingersoll Rand assumed ownership of the Connersville, Indiana (USA) manufacturing facility and is retaining approximately 300 team members. "The completion of the sale of Roots™ to Ingersoll Ran

Ingersoll Rand Inc. (NYSE:IR) ("Ingersoll Rand") today announced the pricing of the previously announced underwritten secondary offering by KKR Renaissance Aggregator L.P. (the "Selling Stockholder") of 14,924,081 shares of common stock of Ingersoll Rand pursuant to a registration statement filed by Ingersoll Rand with the U.S. Securities and Exchange Commission (the "SEC"), at the public offering price of $49.00 per share. No shares are being sold by Ingersoll Rand. The Selling Stockholder will receive all of the proceeds from this offering. The offering is expected to close on May 13, 2021, subject to customary closing conditions. Goldman Sachs & Co. LLC and Citigroup are acting as the u

Record Double-Digit Organic Orders Growth; Raising 2021 Guidance Important note: On February 29, 2020, Gardner Denver Holdings, Inc. closed on the acquisition of Ingersoll-Rand plc's Industrial segment ("the Transaction") and assumed the name Ingersoll Rand Inc. "Reported results" reflect the respective contributions from each company based on the close of the Transaction. For comparative purposes, management has also presented herein Supplemental Financial Information as if the Transaction was completed on January 1, 2018. All comparisons provided are on a year-over-year basis unless otherwise noted. First-Quarter 2021 Highlights (All comparisons against the first quarter of 2020 unless