June 24, 2021
Nacka, Sweden, June 24, 2021: Atlas Copco has acquired Airflow Compressors & Pneumatics Ltd (Airflow), a UK company. The company’s customers are mainly industrial and service companies active in the North West of England.
Airflow is a privately owned company and has 16 employees. The company is located in the city of Leigh and has a strong market presence in the North West region of England.
“Thanks to Airflow's strong reputation in the market, this acquisition will enable us to increase the footprint of our brand portfolio products and to develop the business further in the industrial hubs of Liverpool and Manchester,” 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 company will become part of the service division within the Compressor Technique Business Area.
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.