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In The News:

Atlas Copco Agrees to Acquire Compressor Businesses

Atlas Copco’s U.S.-based Quincy Compressor LLC has agreed to acquire the compressor business of National Pump & Compressor Ltd. and McKenzie Compressed Air Inc. in the U.S.

National Pump & Compressor’s business is located in Texas and Alabama, while McKenzie Compressed Air is focused on Texas. The businesses are focused on distribution, service and rental of compressor-related equipment for use in such areas as manufacturing, construction, petrochemical, refinery and oil fields.

“The acquisitions will allow Quincy Compressor to further strengthen its presence in Texas, especially in the Gulf Coast region,” said Stephan Kuhn, president of Atlas Copco’s compressor technique business area.

The acquisitions are expected to close in the second quarter of 2014.

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