Back to the overview
Acquisitions + Mergers

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.

More articles on this topic

The Global Industrial Pump Control Panels Market Size Is Expected to Reach a Valuation of Around US$ 2.6 Billion by 2033
Miscellaneous

The Global Industrial Pump Control Panels Market Size Is Expected to Reach a Valuation of Around US$ 2.6 Billion by 2033

13.09.2023 -

The global industrial pump control panels market size is expected to cross a valuation of US$ 1.6 billion in 2023. It is anticipated to surpass a valuation of around US$ 2.6 billion by 2033.
The market for industrial pump control panels is projected to create an incremental opportunity of US$ 1 billion in the review period 2023 to 2033. It is set to record a decent CAGR of around 4.9% in the same time frame.

Read more