Atlas Copco Acquires French Compressor Distributor
STOCKHOLM -- February 28, 2013
The French Atlas Copco (STO:ATCOA)(STO:ATCOB) subsidiary Exlair S.A.S has
acquired Air et Techniques Energies Provence (ATEP), a distributor of
industrial compressors and related products based in Aix-en-Provence, France.
ATEP was established in 1991 and has about 30 employees. The company is
privately owned and has annual revenues of approximately MEUR 6 (MSEK 50).
Headquartered in Aix-en-Provence with sales and service branches in Nimes and
Nice, ATEP sells and provides high-quality service for industrial compressors
and ancillary equipment to a broad range of industrial customers in the
“By acquiring ATEP we further strengthen Atlas Copco’s presence in France for
the benefit of our customers,” said Stephan Kuhn, Business Area President for
Atlas Copco Compressor Technique. “ATEP has well-established relationships and
a broad customer base in Southern France, complementing our existing
organization and supporting our ambition to grow in this region.”
The business will keep the ATEP name and becomes part of Compressor Technique
Atlas Copco is an industrial group with world-leading positions in
compressors, expanders and air treatment systems, construction and mining
equipment, power tools and assembly systems. With innovative products and
services, Atlas Copco delivers solutions for sustainable productivity. The
company was founded in 1873, is based in Stockholm, Sweden, and has a global
reach spanning more than 170 countries. In 2011, Atlas Copco had 37 500
employees and revenues of BSEK 81(BEUR 9). Learn more at www.atlascopco.com.
Atlas Copco’s Compressor Technique business area provides industrial
compressors, gas and process compressors and expanders, air and gas treatment
equipment and air management systems. It has a global service network and
offers specialty rental services. Compressor Technique innovates for
sustainable productivity in the manufacturing, oil and gas, and process
industries. Principal product development and manufacturing units are located
in Belgium, Germany, the United States, China and India.
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