Atlas Copco completes Quincy Compressor acquisition
August 18, 2010
Stockholm, Sweden, August 18, 2010: Atlas Copco has completed the acquisition of Quincy Compressor from EnPro Industries with the acquisition of Quincy’s Chinese operations.
Atlas Copco completed the acquisition of Quincy Compressor, except for the Chinese operation, on March 1, 2010.Quincy Compressor designs and manufactures reciprocating compressors, rotary screw compressors and vacuum pumps, primarily under the Quincy brand. The company is headquartered in Bay Minette, Alabama and has manufacturing facilities in Bay Minette, Quincy, Illinois, and in Kunshan, China. The products are sold through a network of independent distributors and agents. More than three quarters of the sales are in the United States.For further information please contact:Love Liman, Acting Media Relations Manager+46 (0)8 743 8060 or +46 (0)73 318 8060Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act.Atlas Copco is an industrial group with world-leading positions in compressors, construction and mining equipment, power tools and assembly systems. The Group delivers sustainable solutions for increased customer productivity through innovative products and services. Founded 1873, the company is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2009, Atlas Copco had about 30 000 employees and revenues of BSEK 64 (BEUR 6.0). Learn more at www.atlascopco.com (http://www.atlascopco.com/).Atlas Copco’s Compressor Technique business area develops, manufactures, markets, and services oil-free and oil-injected stationary air compressors, portable air compressors, gas and process compressors, turbo expanders, electric power generators, air treatment equipment and air management systems. It also offers specialty rental services. It innovates for superior productivity in applications such as manufacturing, construction, and the process industry worldwide. Principal product development and main manufacturing units are in Antwerp, Belgium. More information is available on www.atlascopco.com (http://www.atlascopco.com/).
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