Ingersoll-Rand in Largest Korean Overseas Acquisition

December 13, 2007

Cleary Gottlieb advised Ingersoll-Rand on the French legal aspects of the $4.9 billion sale of its Bobcat, Utility Equipment and Attachments businesses to Doosan Infracore Co. The sale is the largest overseas acquisition in Korea’s history.

Ingersoll-Rand is a global diversified industrial firm providing products, services and solutions to transport and protect food and perishables, secure homes and commercial properties, and enhance industrial productivity and efficiency.

Doosan is a Korea-based global manufacturer of construction and utility equipment and related attachments.