May 31, 2011
Stockholm, Sweden, May 31, 2011: Atlas Copco Compressors LLC has purchased assets related to the compressor business of the Tencarva Machinery Company, a distributor of Atlas Copco products for many years. The acquired business operates in Tennessee, Virginia, Mississippi, Maryland and Delaware.
“This acquisition supports the development of our aftermarket business and brings us closer to customers in an important geographic region of the United States” says Stephan Kuhn, Business Area President, Atlas Copco Compressor Technique.
The acquired compressor business will be incorporated into the East Region of Atlas Copco Compressors in the United States. Atlas Copco will operate from Tencarva’s current locations for a period of six to twelve months. After divesting the compressor business the Tencarva Machinery Company will continue to sell mainly industrial pumps.
Approximately 37 employees in sales and service roles will join Atlas Copco from the Tencarva Machinery Company as a result of this acquisition.