December 22, 2011
Stockholm, Sweden, December 22, 2011: Atlas Copco (China) Investment Co. Ltd has acquired certain assets of Guangzhou Linghein Compressor Co., Ltd. The acquisition supports Atlas Copco’s profitable expansion in China, adding a brand of industrial air compressors with a strong regional presence.
Linghein, founded in 2001, is located in the city of Guangzhou in South-East China. The company has a turnover of approximately MCNY 110 (MSEK 100) and 160 employees. The company primarily designs and produces small and medium-sized oil-injected rotary screw compressors. It has over the years established a solid organization with sales and service representation in various regions over China and a strong distributor network.
“We want to further increase our presence in China and Linghein has a strong regional brand in a dense industrial province,” said Stephan Kuhn, Business Area President, Atlas Copco Compressor Technique. “Linghein has a good reputation in its customer base and complements our current brand portfolio very well.”
The acquired business will become part of Compressor Technique’s Industrial Air division. It will continue to operate under its own brand, in line with the Atlas Copco Group’s well established brand portfolio strategy. More information about Linghein can be found on www.linghein.com.