Gardner Denver Announces Secondary Offering of 22,091,266 Shares of Common Stock

MILWAUKEE–(BUSINESS WIRE)–Gardner Denver Holdings, Inc. (NYSE: GDI) (“Gardner Denver”) today
announced that certain of its stockholders (the “Selling Stockholders”),
including investment funds affiliated with Kohlberg Kravis Roberts & Co.
L.P. (“KKR”), intend to offer for sale in an underwritten secondary
offering 22,091,266 shares of common stock of Gardner Denver pursuant to
a registration statement filed by Gardner Denver with the U.S.
Securities and Exchange Commission (the “SEC”). KKR expects to grant the
underwriters a 30-day option to purchase up to an additional 3,313,690
shares of its common stock. No shares are being sold by Gardner Denver.
The Selling Stockholders will receive all of the proceeds from this

Goldman Sachs & Co. LLC, Citigroup and KKR Capital Markets are acting as
bookrunners of the offering.

A registration statement, including a prospectus, which is preliminary
and subject to completion, relating to these securities has been filed
with the SEC, but has not yet become effective. These securities may not
be sold, nor may offers to buy be accepted, prior to the time that the
registration statement becomes effective, and, even then, the securities
may only be sold pursuant to the registration statement and final
prospectus. This press release shall not constitute an offer to sell or
a solicitation of an offer to buy these securities, nor shall there be
any sale of these securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or

The offering of these securities will be made only by means of a
prospectus. Copies of the preliminary prospectus may be obtained from
Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New
York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by
and Citigroup Global Markets Inc., c/o Broadridge Financial Solutions,
1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at (800)

Forward Looking Statements

This press release includes certain disclosures which contain
“forward-looking statements.” You can identify forward-looking
statements because they contain words such as “believes” and “expects.”
Forward-looking statements are based on Gardner Denver’s current
expectations and assumptions. Because forward-looking statements relate
to the future, they are subject to inherent uncertainties, risks and
changes in circumstances that may differ materially from those
contemplated by the forward-looking statements, which are neither
statements of historical fact nor guarantees or assurances of future
performance. Important factors that could cause actual results to differ
materially from those in the forward-looking statements are set forth in
our filings with the SEC, including our registration statement on Form
S-1, as amended from time to time, under the caption “Risk Factors.”


Gardner Denver Holdings, Inc.
Media & Investor Relations Contact
(414) 212-4753