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Swedish manufacturer Atlas Copco has acquired Compressor Engineering Ltd., a UK distributor and service provider for compressed
air equipment, with customers throughout the Northamptonshire and Manchester areas.
The acquired company has 39 employees and annual revenues of about MSEK 40 (US$4.96 million).
Compressor Engineering Ltd. will become a wholly owned subsidiary of Atlas Copco Compressors Ltd. and will operate within Atlas Copco's Compressor Technique business area.
Atlas Copco has revenues of BSEK 63 (US$7.82 billion).
Atlas Copco's Compressor Technique business area develops, manufactures, markets, and services oil-free and oil-injected stationary air compressors, portable air compressors, gas and process compressors, turbo expanders, electric power generators, air treatment equipment and air management systems. Principal product development and main manufacturing units are in Antwerp, Belgium.