Nacka, Sweden, July 29, 2022: Atlas Copco has acquired the operating assets of Compressed Air Products, Inc. (CAP). CAP sells to a broad range of industrial customer segments. It also has a strong service business.
Atlas Copco has acquired a compressor distributor in Georgia, USA
July 29, 2022
CAP is located in Newnan, Georgia, south-west of Atlanta, and has 20 employees.
“CAP has a strong reputation in the Georgia market,” said Vagner Rego, Business Area President Compressor Technique. “We have a long relationship with CAP as a distributor. This acquisition is in line with our strategy to get closer to our customers.”
The purchase price is not disclosed.
The acquired business will operationally become part of the Service division within the Compressor Technique Business Area.
For more information please contact:
- Daniel Althoff, Vice President Investor Relations
+46 76 899 9597
[email protected]
- Amanda Billner, Media Relations Manager
+46 73 58 25 670
[email protected]
Atlas Copco Group
Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind. In 2021, Atlas Copco had revenues of BSEK 111 and at year end about 43 000 employees.
20220729 Atlas Copco has acquired a compressor distributor in Georgia, USA
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