Ingersoll Rand Inc. (NYSE:IR) signed definitive agreement to acquire Seepex GmbH & Co. Kg for approximately ?430 million on June 19, 2021. Upon transaction close, the Seepex business will join the Ingersoll Rand Precision and Science Technologies (PST) segment. Seepex GmbH & Co. Kg has reported annual revenues of approximately ?160 million. As part of the transaction, Ulli Seeberger will retire as Chairman of Seepex. Upon obtaining required regulatory approvals, transaction is expected to close during third quarter of 2021. Delphi Advisors GmbH is serving as financial advisor to Ingersoll Rand and Eric Swedenburg, Jihyun Chung, Andrew Purcell, David Vann, Kelly Karapetyan, Tristan Brown, Lori E. Lesser, Michael R. Isby, Dennis J. Loiacono of Simpson Thacher & Bartlett LLP and Rainer Loges, Maike Sauter, Andrej Popp, Markus Braun, Olaf Hohlefelde, Jens G?nther, Matthias B?glm?ller, Matthias Werner, Theresa Uhlenhut, Sebastian Girschick, Michael Feilke, Manuel Klar, Iris Benedikt-Buckenleib, Jacob von Andreae, Lars Kindler, Aylin Hoffs, Johannes Niewerth, Lesley Milde, Stefan Mayer, Ocka Stumm and Thomas Kulzer of Gleiss Lutz are serving as legal counsel. Lincoln International AG is serving as financial advisor, Jan Bauer, R?diger Schmidt-Bendun, Johannes Frey, Thorsten C. Goetz, Ulrich Ziegler, Michael Leiter, Pascal Bine and Dmitri Kovalenko of Skadden, Arps, Meagher & Flom LLP and Kai-Uwe Plath of KNPZ Rechtsanw?lte - Klawitter Neben Plath Zintler acted as legal advisors to Seepex GmbH. Ingersoll Rand Inc. (NYSE:IR) completed the acquisition of SEEPEX GmbH on August 31, 2021.