Atlas Copco Acquired German Distributor of Compressed Air
THN is located in the city of Erkelenz, which is located in the south-western part of the North Rhine-Westphalia region. They have 15 employees.
“The company has potential for growth in one of the key industrial hubs in Germany,” said Vagner Rego, Business Area President Compressor Technique. “The acquisition will enable developing a stronger direct presence in Germany for the Alup brand”. 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