March 25, 2015: Ingersoll Rand Acquires FRIGOBLOCK
Acquisition Broadens Company’s Portfolio of Transport Refrigeration Products and Services
SWORDS, Ireland — Ingersoll-Rand plc announced that it has completed the acquisition of FRIGOBLOCK. The transaction was closed for €100 million.
FRIGOBLOCK manufactures and designs transport refrigeration units for trucks and trailers in Europe, primarily sold in Northern Europe. FRIGOBLOCK operates in Essen, Germany, and is home to about 150 employees. The company’s annual revenue is approximately €41 million.