Ingersoll-Rand has completed the acquisition of Frigoblock for €100m.

Frigoblock manufactures and designs transport refrigeration units for trucks and trailers in Europe, primarily sold in Northern Europe. Based in Essen, Germany, it employees around 150 people and has an annual revenue of around €41m.

Frigoblock is now part of Ingersoll Rand’s Transport Solutions business, which goes to market as Thermo King. The acquisition boosts Ingersoll Rand’s ability to deliver transport temperature control systems for a variety of mobile applications. 

President of Transport Solutions at Ingersoll Rand, Ray Pittard, said: “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. 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.”