Compressed air distributor and service provider in the Midlands, UK, has become part of Atlas Copco Group
June 14, 2024
Nacka, Sweden, June 14, 2024: AE Industrial Ltd. (AE Industrial) has become part of Atlas Copco Group. The company specializes in sales, installation and service of compressed air systems.
AE Industrial was founded in 1970. The company has 40 employees and serves a wide range of industrial companies in Leeds, Stoke, Birmingham, and Blidworth near Nottingham.
“AE Industrial has a long history and a strong market presence in the UK,” said Philippe Ernens, Business Area President Compressor Technique. “This acquisition will strengthen our service to customers in the region and enable us to further develop the reach of our products from our brand ALUP Kompressoren”.
The purchase price is not disclosed. The company becomes part of the Service division within the Compressor Technique Business Area.
For more information please contact:
Christina Malmberg Hägerstrand, Media Relations Manager
+46 72 855 93 29
[email protected]
Daniel Althoff, Vice President Investor Relations
+46 76 899 9597
[email protected]
About Atlas Copco Group:
Atlas Copco Group enables technology that transforms the future. We innovate to develop products, services and solutions that are key to our customers’ success. Our four business areas offer compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools and assembly and machine vision solutions. In 2023, the Group had revenues of BSEK 173, and at year end about 53 000 employees.