Gardner Denver and Ingersoll Rand Receive Clearance from European Commission for Pending Reverse Morris Trust Transaction

MILWAUKEE--(BUSINESS WIRE)--On January 30, 2020, Gardner Denver Holdings, Inc. (“Gardner Denver”) and Ingersoll-Rand plc (“Ingersoll Rand”) received unconditional clearance from the European Commission with respect to the proposed combination of the Industrial segment of Ingersoll Rand with Gardner Denver. The proposed transaction has received all required regulatory approvals that are a condition to the closing of the transaction, and is expected to close early in 2020, subject to other closing conditions, including approval by Gardner Denver stockholders.