Gardner Denver Pumps history

Gardner Denver, a US based company, founded in 1859, was acquired by KKR and the company taken private.

He began making mud pumps in 1890, which added a second product line that bolstered the company's recognition among the country's fortune-seeking explorers and drillers.

• By 1900, the company added air compressors to its line.

In 1927, J. Willis Gardner orchestrated the merger of his father's company with its largest customer, Denver Rock Drill Manufacturing Company, a manufacturer of equipment for oil wells, mining, and construction.

The first investor to further build the foundation for the today's Medical Group was Lee B. Thomas who acquired 1948 a company from the Moe family that produced inlighting systems.

• In 1959, Gardner Denver celebrated its centennial as it operated 13 plants in four countries, with 47 sales offices worldwide.

Centanni had joined Cooper Industries in 1980, as the director of its corporate planning and development group.

In 1987, Cooper Industries acquired the Sutorbilt and DuroFlow blower product lines, as well as a line of industrial compressors marketed under the name Joy.

To rid itself of the division, Cooper Industries formed a wholly owned subsidiary named Gardner Denver, Inc., which absorbed the assets and liabilities of the Gardner-Denver Industrial Machinery Division, effective on the last day of 1993.

1994: Gardner Denver, Inc. is spun off by Cooper Industries.

Gardner Denver's acquisition campaign began in 1996.

With acquisition targets on the horizon, Centanni reorganized Gardner Denver in 1997.

By the end of 1998, Gardner Denver had achieved its fourth consecutive year of double-digit sales growth, in large part derived from its acquisition campaign.

The acquisition spree continued in 2000, as Gardner Denver fleshed out its capabilities in centrifugal blowers and water jetting.

By the end of 2001, a five-year acquisition campaign had delivered substantial increases to the scope and size of Gardner Denver's business, promising a continuation of the campaign in the future.

• Barry L. Pennypacker was named president and CEO in January 2008.

• Gardner Denver's global corporate headquarters were moved to Philadelphia starting in September 2010.

• February, 2012 Pennypacker told investors the company had a record year with revenues of $2.371 billion.

On April 30, 2019, Gardner Denver announced that it has agreed to combine with Ingersoll Rand’s Industrial Segment to create a global leader in mission-critical flow creation and industrial technologies.