Atlas Copco to acquire French steam boiler specialty rental business
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.Location Thermique Service, commonly known as LTS, is based in Carvin in the Haut-de-France region, France. The company rents out steam boilers, which typically are critical in the production process, for customers in the manufacturing, power, chemical, oil and gas sectors. The customers are primarily in France and neighboring countries. LTS has 13 employees and had revenues of about MEUR 7.3 (