Atlas Copco has acquired specialty rental provider of industrial cooling solutions in Spain
August 3, 2023
Nacka, Sweden, August 3, 2023: Atlas Copco has acquired Climorent, a provider of specialty rental solutions for industrial cooling applications, in Catalonia, Spain.
The company has 15 employees and is based in Barcelona. In 2022, the business had revenues of approximately 2 MEUR (21 MSEK*).
Climorent mainly serves customers in general industry, including chemical and food and beverage industry.
“Climate change is fueling increased demand for efficient cooling solutions in industrial and other applications,” said Andrew Walker, Business Area President Power Technique. “Climorent has a strong local footprint within rental industrial cooling solutions and has potential for further growth.”
The purchase price is not disclosed.
The business will become part of the Specialty Rental Division within the Power Technique Business Area.
*Based on the average exchange rate in 2022
For more information, please contact:
- Daniel Althoff, Vice President Investor Relations
+46 76 899 9597
[email protected]
- Amanda Billner, Media Relations Manager
+46 73 58 25 670
[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 2022, Atlas Copco Group had revenues of BSEK 141 and at year end about 49 000 employees.