Ingersoll Rand Acquires German Truck Refrigeration Builder …

Ingersoll-Rand said today it has completed the acquisition of Frigoblock 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 has annual revenues of about ‘ 41 million.

Ingersoll Rand said Frigoblock now becomes part of the Transport Solutions business, which goes to market as Thermo King. The acquisition strengthens Ingersoll Rand s ability to deliver transport temperature control systems for a variety of mobile applications. Our goal for this acquisition is to provide customers with a complete portfolio of solutions that are reliable, safe, efficient and environmentally responsible to meet their transport temperature control needs including access to new hybrid and non-diesel options, said Ray Pittard, president, Transport Solutions, Ingersoll Rand.

Frigoblock is a unique and pioneering company that will allow us to expand our offerings immediately in Europe. In the future we will provide customers around the world with this technology through our extensive global dealer network. Frigoblock was founded in 1978, and quickly developed to a strong manufacturer of transport refrigeration units in Germany.

The name Frigoblock became the brand name for unsurpassed powerful, environmentally friendly and cost-saving transport refrigeration units.

Today, more than 40,000 Frigoblock transport refrigeration units are on the road throughout Europe.

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Ingersoll Rand Acquires German Truck Refrigeration Builder …

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