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Agency / Source: Atlas Copco AB

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Atlas Copco Has Acquired an Italian Compressed Air Distributor Located Near Turin - Atlas Copco has acquired S.T.E.R.I. srl (STERI), an Italian compressor distributor and service provider located in the Turin area - STERI.it / AtlasCopco.com
Atlas Copco Has Acquired an Italian Compressed Air Distributor Located Near Turin

 

PRZOOM - /newswire/ - Nacka, Sweden, 2021/11/09 - Atlas Copco has acquired S.T.E.R.I. srl (STERI), an Italian compressor distributor and service provider located in the Turin area - STERI.it / AtlasCopco.com.

   
 
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STERI (steri.it) has 19 employees and mainly serves a wide range of local industrial companies in the Piedmont and Valle d’Aosta regions in Italy. The product range includes compressors, filters, and ancillary equipment.

“STERI has a strong market presence and customer base in the northwest of Italy,” said Vagner Rego, Business Area President Compressor Technique. “Through this acquisition we will continue to build on our market presence in the industrial north of Italy”.

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

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

About 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 an Italian Compressed Air Distributor Located Near Turin

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S.T.E.R.I. srl | 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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