(Reuters) - Ingersoll signed a definitive agreement to sell Bobcat, the
world's top compact construction equipment firm, and its
utility equipment and attachment businesses, which in 2006
together generated $2.6 billion in sales and $370 million in
operating profits.
"The sale of Bobcat, Utility Equipment and Attachments
represents the last major auction to transform our business
portfolio to reposition Ingersoll Rand as a diversified
industrial company," CEO Herbert Henkel said in a statement.
Read more at Reuters.com Business News
world's top compact construction equipment firm, and its
utility equipment and attachment businesses, which in 2006
together generated $2.6 billion in sales and $370 million in
operating profits.
"The sale of Bobcat, Utility Equipment and Attachments
represents the last major auction to transform our business
portfolio to reposition Ingersoll Rand as a diversified
industrial company," CEO Herbert Henkel said in a statement.
Read more at Reuters.com Business News
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