Atlas Copco takes over Cologne-based compressed air specialist
Atlas Copco has acquired Dr. Gustav Gail Drucklufttechnik GmbH, based in Cologne, Germany. The company sells compressors and compressed air technology and related services. ( Image Source: Atlas Copco)
The company is located in the southern part of Cologne and has a strong market presence in same area.
Dr. Gustav Gail Drucklufttechnik GmbH has 10 employees.“The company has a strong presence and potential for growth in the area in and around Cologne,” said Vagner Rego, Business Area President Compressor Technique. “The acquisition is in line with our strategy to increase our service offering and get closer to our customers”.
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.
Source: Atlas Copco AB