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Written by / Agency / Source: Atlas Copco AB

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Atlas Copco Completes Acquisition of German Compressed Air Specialist - Atlas Copco has completed the acquisition of Schneider Druckluft GmbH, a German designer and producer of professional compressed air solutions with a large network of retailers and specialist shops - Schneider-AirSystems.com / AtlasCopco.com
Atlas Copco Completes Acquisition of German Compressed Air Specialist

 

NewswireToday - /newswire/ - Stockholm, Sweden, 2016/08/02 - Atlas Copco has completed the acquisition of Schneider Druckluft GmbH, a German designer and producer of professional compressed air solutions with a large network of retailers and specialist shops - Schneider-AirSystems.com / AtlasCopco.com.

   
 
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Atlas Copco, a leading provider of sustainable productivity solutions, has completed the acquisition of Schneider Druckluft GmbH, a German designer and producer of professional compressed air solutions with a large network of retailers and specialist shops.

Schneider Druckluft (schneider-airsystems.com) is based in Reutlingen near Stuttgart, Germany, and has about 110 employees. It also has offices in the Czech Republic and Slovakia. The company is a renowned brand in piston compressors, and extends its offer with a wide range of related products and services. It had revenues in 2015 of around MEUR 27 (MSEK 250).

Atlas Copco announced on June 15, 2016 the agreement to acquire Schneider Druckluft.

The acquired business becomes part of the Professional Air division within Atlas Copco’s Compressor Technique business area. The parties have agreed not to disclose the purchase price.

Contact: Nico Delvaux, Business Area President, Compressor Technique; P: +32 3 401 9551

About Atlas Copco

Atlas Copco (atlascopcogroup.com) is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2015, Atlas Copco had revenues of BSEK 102 (BEUR 11) and more than 43 000 employees.

Atlas Copco’s Compressor Technique business area provides industrial compressors, vacuum solutions, gas and process compressors and expanders, air and gas treatment equipment and air management systems. The business area has a global service network and innovates for sustainable productivity in the manufacturing, oil and gas, and process industries. Principal product development and manufacturing units are located in Belgium, the United States, China, South Korea, Germany, Italy and the United Kingdom.

 
 
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Written by / Agency / Source: Atlas Copco AB

 
 

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Atlas Copco Completes Acquisition of German Compressed Air Specialist

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Atlas Copco | Schneider Druckluft GmbH
Publisher Contact: Ola Kinnander - AtlasCopco.com 
+46(0)8 743 8060 /+46(0)70 347 2455 media[.]se.atlascopco.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Atlas Copco AB securities in any jurisdiction including any other companies listed or named in this release.

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