Ingersoll Rand completes two acquisitions
Ingersoll Rand Inc., Davidson, N.C., has announced its acquisitions of Oxywise s.r.o. and Fraserwoods Fabrication and Machining Ltd.
Oxywise, a 41-person company based in Slovakia, increases Ingersoll Rand’s broader air treatment capabilities with on-site oxygen and nitrogen generating systems based on pressure swing adsorption technology, cylinder filling systems, containerized systems, and gas control systems. The company serves the medical, laser cutting, industrial, and aquaculture markets.
Fraserwoods provides services, repair and return, and remanufacturing of blowers and pumps to OEMs in the vacuum truck market. The addition of this 13-employee company expands Ingersoll Rand’s technical expertise and service capabilities in western Canada.
Both companies join Ingersoll Rand’s Industrial Technologies and Services (IT&S) segment.
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