Atlas Copco acquires U.S. vacuum solutions business
Atlas Copco, a leading provider of sustainable productivity solutions, has acquired U.S. vacuum pump service provider Innovative Vacuum Solutions Inc.
Innovative Vacuum Solutions is based in Tampa, Florida, and
has 19 employees. The company, which was privately owned, specializes in
the repair and maintenance of industrial and high vacuum pumps and
related equipment, mainly on the U.S. East Coast. Innovative Vacuum
Solutions had revenues in 2014 of about MUSD 4.2 (MSEK 32).
This acquisition fits well into our strategy of increasing our presence
in the U.S. vacuum market by providing high-quality service for our
customers,” said Nico Delvaux, President of Atlas Copco’s Compressor
Technique business area.
The acquired company becomes part of Edwards Vacuum, LLC within the
Vacuum Solutions division in Atlas Copco’s Compressor Technique business
area. The parties have agreed not to disclose the purchase price.
For further information please contact:
- Nico Delvaux, Business Area President, Compressor Technique
+32 3 401 9551 - Ola Kinnander, Media Relations Manager
+46 8 743 8060 or +46 70 347 2455
media@se.atlascopco.com
Atlas Copco
is a world-leading provider of sustainable productivity solutions. The
Group serves customers with innovative compressors, vacuum solutions and
air treatment systems, construction and mining equipment, power tools
and assembly systems. Atlas Copco develops products and services focused
on productivity, energy efficiency, safety and ergonomics. The company
was founded in 1873, is based in Stockholm, Sweden, and has a global
reach spanning more than 180 countries. In 2014, Atlas Copco had
revenues of BSEK 94 (BEUR 10.3) and more than 44 000 employees.
Atlas Copco’s Compressor Technique business area
provides industrial compressors, vacuum solutions, gas and process
compressors and expanders, air and gas treatment equipment and air
management systems. The business area has a global service network and
innovates for sustainable productivity in the manufacturing, oil and
gas, and process industries. Principal product development and
manufacturing units are located in Belgium, the United States, China,
South Korea, Germany, Italy and the United Kingdom.
