May 29, 2019
Stockholm, Sweden, May 29, 2019: Atlas Copco has acquired AirCenterSüd GmbH & Co. KG. The company has a strong focus on service.
AirCenterSüd GmbH & Co. KG is located in Wolfratshausen near Munich and serves customers in the region.
The company had six employees in 2018.
"The acquisition is in line with our strategy to increase our local presence and service offering", said Vagner Rego, Business Area President Compressor Technique. "Skilled service engineers ensure our customers get the most out of every investment."
The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.
The acquired business will operationally become part of the Compressor Technique service division.
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.