Atlas Copco completes acquisition of compressor rental business from Aggreko
- 16 May 2009
- Company & Industry News
Stockholm, Sweden, March 10, 2009: Atlas Copco has as of March 1 finalized the outstanding parts in the acquisition of Aggreko plc's European oil-free air compressor rental business.
The acquired business had revenues in 2008 of about MEUR 10 (MSEK 110) and 21 employees. About half of the assets acquired were consolidated as of November 20, 2008. The acquisition of the remainder has now received approval by all relevant competition authorities.
The acquired business has been integrated into Atlas Copco's Specialty Rental division. The buyers of the fleet assets are various Atlas Copco companies in Europe.