By Molly Burgess2019-03-01T09:22:00+00:00
Atlas Copco has acquired Appleton Compressor Service and Supply, Inc.
Wisconsin-based, Appleton is a long-established distributor of Atlas Copco that sells complimentary equipment outside air compressors, including vacuum pumps and air treatment.
“The Northwest Wisconsin territory has a large potential for Atlas Copco and the acquisition is in line with our strategy to ensure that we have the best local team to serve and get closer to our customers,” said Vagner Rego, Business Area President Compressor Technique.
The purchase price is not material relative to Atlas Copco’s market capitalisation and is not disclosed.
The acquired business will legally become part of Atlas Copco Compressors LLC in the US.
Atlas Copco is based in Stockholm, Sweden with customers in more than 180 countries and about 37,000 employees.
Atlas Copco is the first manufacturer to have its vacuum pumps checked for traces of oil by TÜV Rheinland in accordance with the ISO 8573-1 standard.
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