M&A Deal Summary

Atlas Copco Acquires Aggreko’s European OFA rental

On November 24, 2008, Atlas Copco acquired retailer Aggreko’s European OFA rental from Aggreko for 15M EUR

Acquisition Highlights
  • This is Atlas Copco’s 1st transaction in the Retail sector.
  • This is Atlas Copco’s 7th largest (disclosed) transaction.
  • This is Atlas Copco’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2008-11-24
Target Aggreko’s European OFA rental
Sector Retail
Buyer(s) Atlas Copco
Sellers(s) Aggreko
Deal Type Divestiture
Deal Value 15M EUR

Target

Aggreko’s European OFA rental

United Kingdom
oil-free compressed air (“OFA”) rental business in UK.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Atlas Copco

Nacka, Sweden

Category Company
Founded 1873
Sector Machinery
Employees53,728
Revenue 172.7B SEK (2023)
DESCRIPTION
Entrance to an Atlas Copco facility in Rock Hill, South Carolina.
Entrance to an Atlas Copco facility in Rock Hill, South Carolina.

Atlas Copco is a diversified industrial group. The Company is a manufacturer of compressors, expanders and air treatment systems, construction and mining equipment, power tools, and assembly systems. Atlas Copco was founded in 1873 and is based in Nacka, Sweden.


DEAL STATS #
Overall 40 of 176
Sector (Retail) 1 of 2
Type (Divestiture) 3 of 28
Country (United Kingdom) 3 of 14
Year (2008) 3 of 3
Size (of disclosed) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-01 Focus Rocbit Pvt.

Punjagutta, India

Focus Rocbit Pvt. Ltd. is a manufacturer of bits for rotary drilling.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-12 Compressor Engineering

Kettering, United Kingdom

Compressor Engineering Ltd. is a desinger, manufacturer, distributor and service provider for compressed air equipment.

Buy -

Seller(S) 1

SELLER

Aggreko

Dumbarton, United Kingdom

Category Company
Founded 1962
Sector Test/Measurement Equipment
Employees6,000
Revenue 1.4B GBP (2020)
DESCRIPTION

Aggreko is a global provider of mobile modular power, temperature control and energy services, including micro grids and remote monitoring, to commercial and industrial customers serving multiple end markets across operations in 80 countries. Aggreko was founded in 1962 and is based in Dumbarton, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2008) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-24 Cummins Power Rental

India

Cummins Power Rental provides energy rental services in india.

Buy Rs291M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-30 Northland Power Services

Gillette, Wyoming, United States

Northland Power Services (“Northland”), a leading provider of power solutions for the oil and gas exploration and production market in the Rocky Mountain region of the United States, for a maximum consideration of $26 million

Buy -