January 26, 2016
“FIAC stands for very high-quality compressed air products, and this acquisition will strengthen our product portfolio and expertise especially for piston compressors,” said Nico Delvaux, President of Atlas Copco’s Compressor Technique business area. “We are adding another strong brand to our brand portfolio.”
The FIAC compressors are used by a wide range of industrial and professional customers including small and medium-sized businesses; from car repair shops to manufacturing companies.
The acquisition is subject to regulatory approvals and is expected to be completed during the first quarter of 2016.
The parties have agreed not to disclose the purchase price. FIAC will become part of the new Professional Air division in the Compressor Technique business area that Atlas Copco will create after the completion of the acquisition. To learn more about FIAC, please see http://web.fiac.it/en/.