Atlas Copco has acquired Appleton Compressor Service & Supply, Inc. (Appleton). The company sells mainly directly to end users.
Appleton is located in Wisconsin, USA and has around 15 employees. The company is a long-established distributor of Atlas Copco that also sells complimentary equipment outside of air compressors, including vacuum pumps and air treatment.
"The Northwest Wisconsin territory has a large potential for Atlas Copco and the acquisition is in line with our strategy to ensure that we have the best local team to serve and get closer to our customers," said Vagner Rego, Business Area President Compressor Technique.
The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.
The acquired business legally becomes part of Atlas Copco Compressors LLC in the USA.
Atlas Copco Group Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind.
Atlas Copco is based in Stockholm, Sweden with customers in more than 180 countries and about 37 000 employees. Revenues of BSEK 95/9 BEUR in 2018.