December 15, 2015
Stockholm, Sweden, December 15, 2015: Atlas Copco, a leading provider of sustainable productivity solutions, has acquired the operational assets of Air Supply Systems Inc., which distributes and services compressors and accessories.
Air Supply Systems is based in Franklin, near Milwaukee, Wisconsin, USA. Six employees are joining Atlas Copco.
The company, which was privately owned, sells, installs and services Atlas Copco compressed air products, mainly in southeastern Wisconsin.
“We have an established relationship with this high-quality organization, and this acquisition will further strengthen our relations with our customers,” said Nico Delvaux, President of Atlas Copco’s Compressor Technique business area.
The acquired company becomes part of Atlas Copco Compressors LLC. The parties have agreed not to disclose the purchase price.
Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2014, Atlas Copco had revenues of BSEK 94 (BEUR 10.3) and more than 44 000 employees.
Atlas Copco’s Construction Technique business area provides construction and demolition tools, portable compressors, pumps and generators, lighting towers, and compaction and paving equipment. The business area offers specialty rental and provides service through a global network. Construction Technique innovates for sustainable productivity in infrastructure, civil works, oil and gas, energy, drilling and road construction projects. Principal product development and manufacturing units are located in Belgium, Germany, Sweden, the United States, China, India and Brazil.