Answer
May 20, 2025 - 10:53 AM
Ingersoll Rand, a renowned diversified industrial manufacturing company, has experienced notable restructuring in recent years. In 2020, it successfully completed a merger with Gardner Denver, resulting in the strategic separation of its industrial segment from its climate segment, which continued as Trane Technologies. This deliberate move aimed to sharpen focus on core business areas, drive operational efficiencies, and ultimately enhance shareholder value, positioning both entities for sustained growth and innovation in their respective markets.
