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Agency / Source: Atlas Copco AB

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Atlas Copco Completes Acquisition of Brazilian Compressor Manufacturer - Atlas Copco, a leading provider of sustainable productivity solutions, has completed the acquisition of Pressure Compressores Ltda., a Brazilian manufacturer of piston compressors and related equipment - Pressure.com.br / AtlasCopco.com
Atlas Copco Completes Acquisition of Brazilian Compressor Manufacturer

 

NewswireTODAY - /newswire/ - Stockholm, Sweden, 2017/05/03 - Atlas Copco, a leading provider of sustainable productivity solutions, has completed the acquisition of Pressure Compressores Ltda., a Brazilian manufacturer of piston compressors and related equipment - Pressure.com.br / AtlasCopco.com.

   
 
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Pressure Compressores (pressure.com.br) is based in Maringá in the state of Parana, Brazil. The company offers a broad range of piston compressors, screw compressors and air treatment products, serving mainly the Brazilian market but also some other South American countries. It has about 150 employees and had revenues in 2016 of about MBRL 50 (MSEK 145).

Pressure Compressores’ products are used by a wide range of industrial and professional customers; from car repair shops to manufacturing companies.

Atlas Copco announced on April 4, 2017, that it had agreed to acquire Pressure Compressores.

The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed. Pressure Compressores becomes part of the Professional Air division in the Compressor Technique business area.

Contact: Nico Delvaux, Business Area President, Compressor Technique
P: +32 3 401 9551 - E: nico.delvaux[.]be.atlascopco.com.

About Atlas Copco

Atlas Copco (atlascopco.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 2016, Atlas Copco had revenues of BSEK 101 (BEUR 11) and about 45 000 employees.

Atlas Copco’s Compressor Technique business area provides compressed air solutions; industrial compressors, 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, India, Germany and Italy.

 
 
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Agency / Source: Atlas Copco AB

 
 

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Atlas Copco Completes Acquisition of Brazilian Compressor Manufacturer

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Pressure Compressores | Atlas Copco
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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