Atlas Copco, Stockholm, Sweden, has acquired Air Repair Sales and Services Limited, Moncton, New Brunswick, Canada. Air Repair Sales and Services is a distributor of compressors and accessories.
Financial terms were not disclosed.
The company, which was privately owned, is an authorized Atlas Copco distributor that sells and services industrial air compressors and air treatment systems.
“This acquisition fits us nicely as it enhances our access to the market in eastern Canada,” said Nico Delvaux, president of Atlas Copco’s compressor technique business area. “It gives us an opportunity to expand our regional coverage through an experienced and well-trained staff that serves a loyal customer base.”
The acquired company becomes part of Atlas Copco Compressors Canada and the compressor technique service division.