On April 15, 2025, Ingersoll Rand Inc. (NYSE: IR) announced the acquisition of Advanced Gas Technologies Inc. (AGT), a Canadian company specializing in onsite gas generation systems. This acquisition, part of a combined $27 million deal that also included U.S.-based G&D Chillers Inc., aims to enhance Ingersoll Rand's air treatment portfolio within its Industrial Technologies and Services (IT&S) segment. AGT, headquartered in Ontario, Canada, designs and supplies custom onsite gas generation systems for industrial customers, primarily in Canada. The acquisition adds new packaging capabilities and an established channel presence, supporting Ingersoll Rand's strategy to deliver in-region solutions and target high-growth, sustainable end markets.