Atlas Copco buys US-based compressor distributor Compressed Air Products

TAGS

Swedish industrial company Atlas Copco said that it has purchased the operating assets of Compressed Air Products, Inc. (CAP), a compressor distributor based in Georgia, US, for an undisclosed price.

Compressed Air Products is said to sell compressor distributors to a variety of industrial customer segments. The company also has a service business.

See also  Red Hat advances JBoss EAP on Microsoft Azure with new payment models

According to Atlas Copco, the acquired business will become part of its service division under the compressor technique business area.

Atlas Copco acquires US-based compressor distributor Compressed Air Products

Atlas Copco acquires US-based compressor distributor Compressed Air Products. Photo courtesy of Atlas Copco.

Vagner Rego — Atlas Copco compressor technique business area president said: “CAP has a strong reputation in the Georgia market. We have a long relationship with CAP as a distributor.

See also  Natco Pharma gets FDA approval for Carfilzomib Vials ANDA

“This acquisition is in line with our strategy to get closer to our customers.”


Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.

CATEGORIES
TAGS
Share This