The company in 1973 announced the relocation of its headquarters to Dallas. By the end of the decade Gardner Denver was acquired by Cooper Industries. Between 1985 and 1988, Cooper also purchased Sutorbilt and DuroFlow blowers, OPI well servicing pumps and Joy compressors. As Cooper Industries' strategy changed, the Gardner Denver Industrial Machinery Division was spun off in 1994 as an independent company. Gardner Denver, Inc. then became a publicly held company trading on the New York Stock Exchange.
On July 30, 2013, Gardner Denver was taken private when its outstanding shares were purchased by Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, “KKR”). Founded in 1976, KKR has grown into a global investment firm that invests in a variety of industries all over the world. KKR's approach to private equity investments is simple: it seeks to partner with strong management teams to build and grow great businesses over the long run. Since Gardner Denver was taken private, we have made several other strategic acquisitions: Conroe Plastics, a specialty consumables manufacturer for the oil and gas industry; Garo, the leading manufacturer of liquid ring compressors; Tricontinent, an innovative syringe pump and fluid handling system manufacturer; and most recently, ILS laboratory equipment and Zinsser Analytic fluid and powder handling solutions.
Gardner Denver, Inc. is a recognized leader in the markets it serves, delivering highly engineered flow control solutions for thousands of applications in dozens of different industries. Our worldwide customer commitment is the reason Gardner Denver has built a thriving business out of Robert Gardner's big idea in 1859. Gardner Denver's innovative engineering is in our DNA - it's why we're here today, and it's why we'll be here for your business tomorrow.