Atlas Copco has acquired a German compressed air distributor and service provider
January 5, 2021
Nacka, Sweden, January 5, 2021: Atlas Copco has acquired the German distributor Kawalek Kompressoren.
Kawalek Kompressoren is a privately owned company and has 10 employees. The company is located in Berlin and has a stable market position in the surrounding region.
“Kawalek Kompressoren has a long history of being a successful distributor and has a strong customer base consisting of many small and medium-sized companies in the region”, said Vagner Rego, business area president Compressor Technique. “This acquisition will allow us to stay close to the customers as well as increase our market presence in Berlin and the surrounding area.”
The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.
The company will become part of the service division within the Compressor Technique business area.
For more information please contact:
- Daniel Althoff, Vice President Investor Relations
+46 8 743 9597 or +46 76 899 9597
[email protected] - Sara Liljedal, Media Relations Manager
+46 8 743 8060 or +46 72 144 1038
[email protected]
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.
In 2019, Atlas Copco had revenues of BSEK104 (BEUR 10) and at year end about 39 000 employees.