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Agency / Source: Atlas Copco AB

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Atlas Copco Acquires A Canadian Full-service Supplier in Medical Gas Solutions - Class 1 Inc., is headquartered in Cambridge, Ontario in Canada and has around 50 employees. The company has a branch office in British Colombia and serves both the healthcare and laboratory markets - AtlasCopco.com
Atlas Copco Acquires A Canadian Full-service Supplier in Medical Gas Solutions

 

PRZOOM - /newswire/ - Stockholm, Sweden, 2019/03/19 - Class 1 Inc., is headquartered in Cambridge, Ontario in Canada and has around 50 employees. The company has a branch office in British Colombia and serves both the healthcare and laboratory markets - AtlasCopco.com.

   
 
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In 2018, Class 1 Inc. had an annual revenue of approx. 19 MCAD, (MSEK 130).

"The acquisition will enable us to further strengthen our position as a leading supplier and service provider of medical gas solutions", said Vagner Rego, Business Area President Compressor Technique.

The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.

The acquired company will be part of the Medical Gas Solutions Division within the Compressor Technique Business Area and legally become a subsidiary of Atlas Copco Canada Inc.

Vagner Rego, Business Area President, Compressor Technique
T: +32 375 085 08
E: vagner.rego[.]be.atlascopco.com.

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.

Atlas Copco is based in Stockholm, Sweden with customers in more than 180 countries and about 37 000 employees. Revenues of BSEK 95/9 BEUR in 2018.

 
 
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Agency / Source: Atlas Copco AB

 
 

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Atlas Copco Acquires A Canadian Full-service Supplier in Medical Gas Solutions

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Class 1 Inc. | Atlas Copco Group
Contact: Sara Liljedal - AtlasCopco.com 
+46 8 743 8060 / +46 72 144 1038 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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