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Agency / Source: Atlas Copco AB

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Atlas Copco Has Acquired A US Distributor of Compressors and Provider of Service - Atlas Copco has acquired the operating assets of MidState Air Compressor. The company is a distributor of compressors and provider of service that covers Connecticut, Rhode Island, and Massachusetts in the United States - MidstateAirCompressor.com
Atlas Copco Has Acquired A US Distributor of Compressors and Provider of Service

 

PRZOOM - /newswire/ - Nacka, Sweden, 2021/05/10 - Atlas Copco has acquired the operating assets of MidState Air Compressor. The company is a distributor of compressors and provider of service that covers Connecticut, Rhode Island, and Massachusetts in the United States - MidstateAirCompressor.com.

   
 
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The company has about 15 employees and is based in Berlin, Connecticut. They offer a wide portfolio of air compressors, dryers, and related services.

“MidState Air Compressor (midstateaircompressor.com) has a strong reputation and a large, loyal customer base, which is supported by an experienced and dedicated team of employees,” said Vagner Rego, Business Area President Compressor Technique. “This acquisition allows us to focus on growing our business and continue to strengthen our market presence in the region.”

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

The acquired business will become part of Quincy Compressor LLC, which is part of the Industrial Air division within the Compressor Technique Business Area.

Atlas Copco Group

Our industrial ideas empower our customers to grow and drive society forward. This is how we create a better tomorrow. Atlas Copco (atlascopco.com) is a global industrial group, founded in 1873 in Stockholm. In 2020 we had revenues of BSEK100 (BEUR 10) and at year end about 40 000 employees.

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 US Distributor of Compressors and Provider of Service

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MidState Air Compressor | Atlas Copco Group
Contact: Sara Liljedal - AtlasCopco.com 
+46 72 144 1038 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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