Atlas Copco acquires Norwegian offshore compressed air rental business
Stockholm, Sweden, July 4, 2016: Atlas Copco, a leading provider of sustainable productivity solutions, has acquired the operating assets of Roxel Rental AS, a supplier of temporary air solutions for the Norwegian offshore industry.Roxel Rental is based in Stavanger, Norway, and is part of the Roxel Group.The company had revenues in 2015 of about MNOK 12 (MEUR 1.3). Two of the company’s employees are joining Atlas Copco. The parties have agreed not to disclose the purchase price. The Roxel Rental fleet consists of diesel and electric-powered compressors that are rented out mainly to