November 2, 2005
Stockholm, Sweden, November 2, 2005: Atlas Copco Internationaal B.V. has acquired Dutch compressor company Creemers Compressors B.V. The company has an annual turnover of approximately MSEK 56 (MEUR 6) and 22 employees.
Creemers Compressors B.V. is active in the compressed air business, focussing on the growing automotive aftermarket and wholesale markets in The Netherlands. The company was founded in 1966. It is based in Eindhoven, The Netherlands. See also: www.creemers.nl. “Through the acquisition, we will be able to serve better the smaller to medium sized automotive aftermarket companies and offer this growing market segment a broad range of industrial compressed air equipment,” says Bengt Kvarnbäck, Business Area President, Compressor Technique. From an organizational point of view, Creemers Compressors B.V. will become part of Atlas Copco Compressor Technique’s Industrial Air division. It will continue to operate under the Creemers brand.
Atlas Copco is an international industrial Group with its head office in Stockholm, Sweden. In 2004, the Group had revenues of approximately BSEK 49, with 98% of revenues outside Sweden. The Group has more than 25 000 employees. The Group produces and markets compressed air equipment and generators, construction and mining equipment, industrial tools, and assembly systems and offers related service and equipment rental. The Atlas Copco Group includes famous brands such as Atlas Copco, RSC Equipment Rental, and CP. More information can be found on atlascopco.com. Industrial Air is a division within the business area Compressor Technique of the Atlas Copco Group with the main production centre located in Antwerp, Belgium. The division develops, manufactures and markets worldwide a vast range of oil injected and oil-free air compressors and Quality Air Solutions used in all kinds of industries. Professional aftermarket support and air monitoring are equally part of the added value product offer. By nature and innovative design Industrial Air provides increased customer value and cares for the environment.