The 2020 Mid-Year Economic Update_long

Atlas Copco Acquires Class 1

The company will be part of the Medical Gas Solutions Division within the Compressor Technique Business Area.

Swedish manufacturer Atlas Copco has acquired Class 1 Inc., Cambridge, Ontario. Terms of the transaction were not disclosed.

Class 1 offers design, manufacturing, installation, distribution and service of medical gas solutions in Canada.

“The acquisition will enable us to further strengthen our position as a leading supplier and service provider of medical gas solutions”, said Vagner Rego, Business Area President Compressor Technique. 

The company will be part of the Medical Gas Solutions Division within the Compressor Technique Business Area and legally become a subsidiary of Atlas Copco Canada Inc. 

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