Industrial Utility Efficiency

Atlas Copco Acquires CAP

Atlas Copco has acquired the operating assets of Compressed Air Products, Inc. (CAP). CAP sells to a broad range of industrial customer segments. It also has a strong service business. CAP is located in Newnan, Georgia, south-west of Atlanta, and has 20 employees.

“CAP has a strong reputation in the Georgia market,” said Vagner Rego, Business Area President Compressor Technique. “We have a long relationship with CAP as a distributor. This acquisition is in line with our strategy to get closer to our customers.”

The purchase price is not disclosed. The acquired business will operationally become part of the Service division within the Compressor Technique Business Area.

 
About 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. Our industrial ideas empower our customers to grow and drive society forward. This is how we create a better tomorrow. Atlas Copco is a global industrial group, founded in 1873 in Stockholm. In 2021 we had revenues of BSEK111 (BEUR 11) and at year end about 43 000 employees. For more information: www.atlascopcogroup.com