Industrial Utility Efficiency    

Atlas Copco Acquires French Distributor

Atlas Copco has acquired Ovity Air Comprimé. The company is specialized in distribution of industrial air compressors and solutions for compressed air. Ovity Air Comprimé is located in Le Mans in the Loire Valley in France and has 8 employees.

“The acquisition will open up opportunities to further develop our presence in the area and grow our service offering in the north west of France”, said Vagner Rego, Business Area President Compressor Technique.

The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed. The company will become part of the service division within the Compressor Technique Business Area.

 

Atlas Copco Group & Atlas Copco Compressor Technique

Great ideas accelerate innovation. At Atlas Copco, we have been turning industrial ideas into business-critical benefits since 1873. Our passionate people, expertise and service bring sustainable value to industries everywhere. Atlas Copco is based in Stockholm, Sweden, with customers in more than 180 countries and about 37,000 employees. In 2019, revenues were BSEK 104, approximately 10.8 BUSD

Atlas Copco Compressor Technique partners with customers to turn industrial ideas into smart, connected air and gas solutions and leading-edge compressed air technology. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind. For more information, visit www.atlascopco.com.