Atlas has sold the Atlas Copco JC Carter business, which produces cryogenic submerged motor pumps.
Atlas Copco sold the Costa Mesa, California, USA-based business to Nikkiso Cryo Inc. of Las Vegas, Nevada, USA. Nikkiso Cryo is a subsidiary to Japan-based Nikkiso Ltd.
Source: Atlas Copco
Atlas Copco JC Carter had around 35 employees. The business was part of Atlas Copco’s Gas and Process division within the Compressor Technique business area.
“We have found a better home for this business,” said Nico Delvaux, President of Atlas Copco’s Compressor Technique business area. “We believe that it will have a good future under the new ownership.”
The parties have agreed not to disclose the sales price.