Add-on Acquisition • Distribution

Atlas Copco Acquires Compressed Air Products

On July 29, 2022, Atlas Copco acquired distribution company Compressed Air Products

Acquisition Context
  • This is Atlas Copco’s 35th transaction in the Distribution sector.
  • This is Atlas Copco’s 40th transaction in the United States.
  • This is Atlas Copco’s 1st transaction in Georgia.

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M&A Deal Summary

Date July 29, 2022
Target Compressed Air Products
Sector Distribution
Buyer(s) Atlas Copco
Deal Type Add-on Acquisition

Target Company

Compressed Air Products

Newnan, Georgia, United States
Compressed Air Products supplies compressors, dryers, filters, parts, and ancillary accessories for the compressed air industry, based in Newnan, Georgia.
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Buyer Overview 1

Buyer

Atlas Copco

Nacka, Sweden

Category Company
Founded 1873
Sector Machinery
Employees55,248
Revenue 176.8B SEK (2024)
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, 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 Context for Buyer #
Overall 159 of 176
Sector: Distribution 35 of 36
Type: Add-on Acquisition 126 of 142
State: Georgia 1 of 1
Country: United States 40 of 44
Year: 2022 17 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-27 Glaston Compressor Services

Lancashire, United Kingdom

Glaston Compressor Services is a compressed air distributor and service provider. Glaston Compressor Services' customers range from small to larger size companies within the manufacturing industry. Glaston Compressor Services was founded in 1979 and is based in Lancashire, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-04 Suzhou Since Gas System

Suzhou, China

Suzhou Since Gas System is a manufacturer of on-site gas generation equipment. Suzhou Since Gas System is based in Suzhou, China.

Buy -