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Written by / Agency / Source: Atlas Copco AB

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Atlas Copco Completes J.C. Carter Acquisition - Atlas Copco Mafi-Trench LLC, USA, has completed the acquisition of the pump business of J.C. Carter, LLC, headquartered in California, USA
Atlas Copco Completes J.C. Carter Acquisition

 

NewswireToday - /newswire/ - Stockholm, Sweden, 2011/03/07 - Atlas Copco Mafi-Trench LLC, USA, has completed the acquisition of the pump business of J.C. Carter, LLC, headquartered in California, USA.

   
 
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J.C. Carter is a leading producer of cryogenic submerged motor pumps, which have many applications in the growing natural gas market. The company’s products are primarily used in liquid natural gas regasification and liquefaction plants, and natural gas liquid processing. In 2009 the company had around 70 employees and revenues of approximately MUSD 25 (MSEK 175).

The acquired business will be a part of Atlas Copco’s Gas and Process Division.

Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act.

Atlas Copco (atlascopco.com) is an industrial group with world-leading positions in compressors, construction and mining equipment, power tools and assembly systems. The Group delivers sustainable solutions for increased customer productivity through innovative products and services. Founded 1873, the company is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2010, Atlas Copco had about 33 000 employees and revenues of BSEK 70 (BEUR 7.3).

 
 
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Written by / Agency / Source: Atlas Copco AB

 
 

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Atlas Copco Completes J.C. Carter Acquisition

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Atlas Copco |
Publisher Contact: Daniel Frykholm - AtlasCopco.com 
+46 (0)8 743 8060 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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