NewswireTODAY - /newswire/ - Nacka, Sweden, 2023/05/04 - Atlas Copco has acquired C.P. Service SRL, a compressor distributor and service provider located in Naples in the south of Italy - CP-Service.com / AtlasCopco.com.

C.P. Service (cp-service.com) was founded in 1999 and has 13 employees. The company serves a wide range of industrial customers ranging from small to larger size, mainly in the Campania and Latium regions. The turnover in 2022 was approximately 6 MEUR (60 MSEK*).

“The company has built up a strong customer base in the area,” said Vagner Rego, Business Area President Compressor Technique. “Through this acquisition we will increase our service and sales presence in the south of Italy.”

The purchase price is not disclosed.

The business will become part of the Service Division within the Compressor Technique Business Area.

*Based on the average exchange rate in 2022.

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 2022, Atlas Copco Group had revenues of BSEK 141 and at year end about 49 000 employees.

Contact: Daniel Althoff, Vice President Investor Relations
P: +46 76 899 9597 - E: ir[.]atlascopco.com.

Agency / Source: Atlas Copco AB

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