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Agency / Source: Atlas Copco AB

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Atlas Copco Has Acquired A Southeast Asian Distributor - Atlas Copco has acquired Bireme Group, a Singapore-based company specialized in the treatment of compressed air and gas - BiremeGroup.com / AtlasCopco.com
Atlas Copco Has Acquired A Southeast Asian Distributor

 

NewswireTODAY - /newswire/ - Nacka, Sweden, 2022/07/04 - Atlas Copco has acquired Bireme Group, a Singapore-based company specialized in the treatment of compressed air and gas - BiremeGroup.com / AtlasCopco.com.

   
 
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Bireme Group (biremegroup.com) is a privately owned company with a sales network in Southeast Asia.

The company specializes in the treatment of compressed air and gas for a broad spectrum of industries ranging from electronics, food and beverage, chemical refineries, and hospitals. It is headquartered in Singapore with a service centre in Malaysia and has 20 employees.

“Bireme’s expertise, technical know-how and geographical coverage makes it a good fit for us,” said Vagner Rego, Business Area President Compressor Technique. “This acquisition will increase our local presence and accelerate business development in the Asia Pacific region.”

The purchase price is not disclosed.

The company will become part of the Industrial Air division within the Compressor Technique Business Area.

Atlas Copco Group

Great ideas accelerate innovation. At Atlas Copco (atlascopco.com) 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 2021, Atlas Copco had revenues of BSEK111 and at year end about 43 000 employees.

For more information please contact: Daniel Althoff, Vice President Investor Relations
P: +46 76 899 9597 - E: ir[.]atlascopco.com.

 
 
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Agency / Source: Atlas Copco AB

 
 

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Atlas Copco Has Acquired A Southeast Asian Distributor

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Bireme Group | Atlas Copco Group
Contact: Amanda Billner - AtlasCopco.com 
+46 73 58 25 670 media[.]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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