Atlas Copco Acquires Compressor Business in New Zealand

11.09.2014

Atlas Copco has acquired the compressor distribution and service business from the Lancaster Group in New Zealand. The acquired businesses are those of Ash Air (NZ) Ltd., Fox Air NZ Ltd., MBAR 2011 Ltd. and Ash Air Oil & Gas Ltd.

The businesses, located throughout New Zealand, had combined revenues in fiscal year 2013 of approximately MNZD 30 (MSEK 162) and around 120 employees. The businesses provide high-quality sales and service of industrial compressors and related equipment to a broad range of customers in the region.

“By acquiring this group of high-quality distributors we will further expand and strengthen our presence in New Zealand”, said Nico Delvaux, President of Atlas Copco’s Compressor Technique business area. “These businesses will complement our existing organization well and will serve as a strong base for further growth.” The businesses will be part of the Compressor Technique business area.

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From 14 to 18 June 2021 the world’s leading show for the process industry will open its doors in Frankfurt. Anticipation is growing: with an elaborate hygiene concept and additional digital and hybrid elements, ACHEMA 2021 offers the global industry the chance to experience current trends and technological innovations.

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