Atlas Copco completes acquisition of compressor rental business from Aggreko
March 10, 2009
Stockholm, Sweden, March 10, 2009: Atlas Copco has as of March 1 finalized the outstanding parts in the acquisition of Aggreko plc’s European oil-free air compressor rental business.
The acquired business had revenues in 2008 of about MEUR 10 (MSEK 110) and 21 employees. About half of the assets acquired were consolidated as of November 20, 2008. The acquisition of the remainder has now received approval by all relevant competition authorities. The acquired business has been integrated into Atlas Copco’s Specialty Rental division. The buyers of the fleet assets are various Atlas Copco companies in Europe.
For further information please contact:
Daniel Frykholm, Media Relations Manager +46 (0)8 743 8060 or +46 (0)70 865 8060
Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act.