Ingersoll Rand sells majority interest in High Pressure Solutions segment 6 April 2021 Ingersoll Rand will retain a 45% common equity interest in the HPS business. The company will use the approximately US$300 million proceeds from the sale to support core, sustainability-oriented growth initiatives. This transaction significantly reduces Ingersoll Rand’s direct exposure to the upstream oil and gas market to non-material revenue exposure of less than 2% of total expected 2021 revenue. Share this news…