ILC Dover bought by public company for $2.3B

NEWARK — ILC Dover, a specialized engineering development and manufacturing company, was sold to a rapidly growing industrial company for $2.3 billion earlier this week. Ingersoll Rand Inc., a public company based in North Carolina that invests in diversified machinery, also paid ILC Dover parent company New Mountain Capital an earnout tied to the company’s

Go to Source:https://delawarebusinesstimes.com/news/manufacturing-distribution/ilc-dover-bought-2-3b/

Author: Katie Tabeling