04/02/2019 | Press release | Distributed by Public on 04/02/2019 00:55
April 2, 2019
Stockholm, Sweden, April 2, 2019: Atlas Copco has acquired S.A.S. Air Diffusion. The company is a distributor of compressors for Atlas Copco.
Air Diffusion is located in St. Etienne in the southern part of France. The company has around 15 employees.
Air Diffusion has a diverse group of small to medium-sized customers in workshops and in the manufacturing, food and beverage, wood, plastic and foundry industries.
'With this acquisition we will increase our coverage in the region', said Vagner Rego, Business Area President Compressor Technique. 'It allows us to increase our service offering and our support to customers'.
The purchase price is not material relative to Atlas Copco's market capitalization and is not disclosed.
Air Diffusion is acquired by Exlair S.A.S., which is part of Atlas Copco Holding France.
For more information please contact:
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.
Atlas Copco is based in Stockholm, Sweden with customers in more than 180 countries and about 37 000 employees. Revenues of BSEK 95/ 9 BEUR in 2018.