December 22, 2016
Stockholm, Sweden, December 22, 2016: Atlas Copco, a leading provider of sustainable productivity solutions, has acquired Air Power of Nebraska Inc., a compressed air distributor in the central United States.
Air Power of Nebraska is based in Omaha, Nebraska, and is servicing the surrounding region, including Nebraska, Iowa and South Dakota. The company sells, installs and services compressed air products and related systems. About a dozen people will join Atlas Copco.
“The solid team at Air Power of Nebraska will be a great asset as we help customers be more productive,” said Nico Delvaux, President of Atlas Copco’s Compressor Technique business area. “We look forward to strengthening our presence in the region with high-quality products and services.”
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 2015, Atlas Copco had revenues of BSEK 102 (BEUR 11) and more than 43 000 employees. Atlas Copco’s Compressor Technique business area provides industrial compressors, vacuum solutions, gas and process compressors and expanders, air and gas treatment equipment and air management systems. The business area has a global service network and innovates for sustainable productivity in the manufacturing, oil and gas, and process industries. Principal product development and manufacturing units are located in Belgium, the United States, China, South Korea, Germany, Italy and the United Kingdom.