Agency / Source: Atlas Copco AB

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Atlas Copco Acquires U.S. Compressor Distributor - Atlas Copco, a leading provider of sustainable productivity solutions, has acquired certain assets of Glauber Equipment Corporation, an Atlas Copco compressed air distributor and service provider - Glauber.com / AtlasCopco.com
Atlas Copco Acquires U.S. Compressor Distributor

 

PRZOOM - /newswire/ - Stockholm, Sweden, 2017/08/08 - Atlas Copco, a leading provider of sustainable productivity solutions, has acquired certain assets of Glauber Equipment Corporation, an Atlas Copco compressed air distributor and service provider - Glauber.com / AtlasCopco.com.

   
 
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Glauber Equipment (glauber.com) is headquartered in Lancaster, New York, United States, and is active in Upstate and Western New York. Atlas Copco acquired Glauber Equipment’s compressor-related business. It sells, rents out, installs and services Atlas Copco products, including compressors and ancillary equipment, to industrial manufacturers and other customers. Sixteen Glauber Equipment employees are joining Atlas Copco.

“Having the strong team at Glauber Equipment as part of our Group will give us increased focus on and direct access to more customers in this important region,” said Vagner Rego, President of Atlas Copco’s Compressor Technique business area.

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

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.

Contact: Vagner Rego, Business Area President, Compressor Technique
P: +32 3 750 8508 - E: vagner.rego[.]be.atlascopco.com.

 
 
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Agency / Source: Atlas Copco AB

 
 

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Atlas Copco Acquires U.S. Compressor Distributor

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Atlas Copco VSD+ Compres | 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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