Atlas Copco has acquired an Italian distributor of compressed air equipment and related services
Nacka, Sweden, January 26, 2021: Atlas Copco has acquired DGM SRL (DGM), an Italian distributor of compressed air equipment and related services. The company’s customers are mainly industrial companies active in the Veneto region in the north-east of Italy.
DGM is a privately owned company and has 21 employees. The company is located in the city of Vicenza.
“DGM has built up a loyal customer base in their targeted market”, said Vagner Rego, Business Area President Compressor Technique. “Through this acquisition we will get the opportunity to increase our service and sales presence in the important industrial region of Veneto.”
The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.
The company will become part of the service division within the Compressor Technique Business Area.
For more information please contact:
Daniel Althoff, Vice President Investor Relations
+46 8 743 9597 or +46 76 899 9597
Sara Liljedal, Media Relations Manager
+46 8 743 8060 or +46 72 144 1038
Atlas Copco Group
Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind.
Atlas Copco is based in Stockholm, Sweden with customers in more than 180 countries. In 2019, Atlas Copco had revenues of BSEK104 (BEUR 10) and at year end about 39 000 employees. For more information: www.atlascopcogroup.com