Atlas Copco to acquire French steam boiler specialty rental business
22 декабря 2017 г.
Stockholm, Sweden, December 22, 2017: Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to acquire Location Thermique Service SAS, a French steam boiler rental company.
An LTS steam boiler
"LTS is well known for its high-quality products, strong environmental focus and application expertise" said Andrew Walker, President of Atlas Copco’s Power Technique business area. "This acquisition will further strengthen and expand our rental product offering to customers in all segments."
The acquisition is expected to be completed in the first quarter 2018. The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed. LTS will become part of the Specialty Rental division in Atlas Copco’s Power Technique business area.
To learn more about LTS, please see http://lts-france.fr/en/.
For more information please contact:
- Ray Löfgren
President
Atlas Copco Specialty Rental Division
Phone: + 32 477 96 29 14
E-mail: ray.lofgren@be.atlascopco.com
Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2016, Atlas Copco had revenues of BSEK 101 (BEUR 11) and about 45 000 employees. Learn more at www.atlascopcogroup.com. Specialty Rental is a division within Atlas Copco’s Power Technique business area. It serves customers in all industry segments around the world with temporary air, power, flow, steam and nitrogen rental solutions. The specialty rental services are offered under several brands. The divisional headquarters is located in Belgium. Learn more at www.atlascopcorental.com