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Atlas Copco Acquires New Hampshire Based Medical Gas Systems Service Suppliers - Atlas Copco has acquired William G Frank Medical Gas Testing and Consulting, LLC, a service and inspection supplier for medical gas systems, and Medical Gas Credentialing LLC, both based in Concord, New Hampshire, USA - AtlasCopco.com
Atlas Copco Acquires New Hampshire Based Medical Gas Systems Service Suppliers

 

PRZOOM - /newswire/ - Nacka, Sweden, 2023/10/11 - Atlas Copco has acquired William G Frank Medical Gas Testing and Consulting, LLC, a service and inspection supplier for medical gas systems, and Medical Gas Credentialing LLC, both based in Concord, New Hampshire, USA - AtlasCopco.com.

   
 
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The two businesses, which have the same owners, have 8 employees in total. The businesses provide medical and laboratory gas services to customers in New England, United States, including annual inspections, consulting and credentialing services, preventative maintenance, parts supply, equipment sales and professional development and training. In 2022, the businesses had revenue of approximately 2 MUSD (approx. 20 MSEK)*

“These are well-respected businesses with an expansive service and inspection team covering the New England region,” said Vagner Rego, Business Area President Compressor Technique. “Their knowledge, technical expertise, agility, and customer relationships will strengthen our presence and speed up our business development in the area. The acquisition will enable us to further strengthen our position as a leading services supplier of medical gas solutions.”

The purchase price is not disclosed. The business will be integrated into BeaconMedaes LLC, which is part of the Medical Gas Solutions Division in the Compressor Technique Business Area.

*Based on the average exchange rate in 2022.

About 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.

 
 
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Agency / Source: Atlas Copco AB

 
 

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Atlas Copco Acquires New Hampshire Based Medical Gas Systems Service Suppliers

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Atlas Copco Group | Medical Gas Systems
Contact: Amanda Billner - AtlasCopco.com 
+46 73 58 25 670 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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