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May 3, 2013
Stockholm, Sweden, May 3, 2013: Atlas Copco’s U.S.-based Quincy Compressor LLC has finalized the acquisition of National Pump and Compressor’s air compressor business in the state of Illinois, USA.
Quincy will open a new company store that will serve as a base for the sale and servicing of Quincy’s products in the Illinois region. The business being purchased has distributed Quincy products for more than 60 years. About 45 employees will join Quincy Compressor through this acquisition.
Atlas Copco announced on April 11, 2013, that Quincy had agreed to acquire the business.
Atlas Copco is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2012, Atlas Copco had 39 800 employees and revenues of BSEK 90.5 (BEUR 10.5).
Atlas Copco’s Compressor Technique business area provides industrial compressors, gas and process compressors and expanders, air and gas treatment equipment and air management systems. It has a global service network and offers specialty rental services. Compressor Technique innovates for sustainable productivity in the manufacturing, oil and gas, and process industries. Principal product development and manufacturing units are located in Belgium, Germany, the United States, China and India.