Atlas Copco buys Italy’s Eurochiller

eoro27mmAtlas Copco, has agreed to acquire Eurochiller S.r.l., an Italian manufacturer and distributor of industrial cooling equipment and related products

Eurochiller is based in Mortara, Italy, and has approximately 90 employees.

The company manufactures and services industrial cooling and heat treatment products as well as related systems used in industrial manufacturing processes.

“Acquiring Eurochiller with its great team and high-quality products will complement our existing product portfolio and allow us to further increase the productivity of our customers,” said Vagner Rego, business area president, compressor technique.

The purchase price is not material relative to Atlas Copco’s market capitalisation and is not disclosed.

The acquisition is expected to be completed during Q2 2019.

The company will become part of the oil-free air division within the compressor technique business area.

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

twn Are you sure that you want to switch to desktop version?