Atlas Copco has acquired a British compressed air distributor and service provider
March 3, 2021
Nacka, Sweden, March 3, 2021: Atlas Copco has acquired Cooper Freer Ltd., a British company. The company’s customers are mainly industrial, water treatment and service companies active in the Midlands region.
Cooper Freer Ltd. is a privately owned company and has 18 employees. The company is located in the city of Leicester and has a strong market presence in the Midlands region of England.
“We have a long history of working closely with Cooper Freer”, said Vagner Rego, Business Area President Compressor Technique. “Through this acquisition we will get the opportunity to better serve current customers and grow our market presence in a key region in the UK.”
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.
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Atlas Copco Group
Our industrial ideas empower our customers to grow and drive society forward. This is how we create a better tomorrow. Atlas Copco is a global industrial group, founded in 1873 in Stockholm. In 2020 we had revenues of BSEK100 (BEUR 10) and at year end about 40 000 employees.