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Acquisitions + Mergers - Corporate News

Atlas Copco has acquired a French distributor of industrial compressors and related services

18.06.2020
Atlas Copco has acquired Ovity Air Comprimé. The company is specialized in distribution of industrial air compressors and solutions for compressed air.

Ovity Air Comprimé is located in Le Mans in the Loire Valley in France and has 8 employees.

“The acquisition will open up opportunities to further develop our presence in the area and grow our service offering in the north west of France”, said Vagner Rego, Business Area President Compressor Technique.

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.

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