Italian compressed air distributor located in Cesena has become part of Atlas Copco Group
Nacka, Sweden, June 5th, 2024: Baraghini Compressori Srl (Baraghini), an Italian compressor distributor and service provider located in Cesena in the Northeast of Italy has become part of Atlas Copco Group.
Baraghini has 14 employees and mainly serves a wide range of industrial customers in the provinces of Forli-Cesena, Rimini, and in San Marino. During 2023 the company had a turnover of approx. 2.7 MEUR (31 MSEK*).
“Baraghini has built up a strong customer base in their targeted market,” said Philippe Ernens, Business Area President Compressor Technique. “Through this acquisition we will increase our sales presence as well as strengthening our service to local customers in the industrial northern Italy.”
The purchase price is not disclosed. The business will become part of the service division within the Compressor Technique Business Area.
*Based on the average exchange rate in 2023.
For more information please contact:
Christina Malmberg Hägerstrand, Media Relations Manager
+46 72 855 93 29
media@atlascopco.com
Daniel Althoff, Vice President Investor Relations
+46 76 899 9597
ir@atlascopco.com
About Atlas Copco Group:
Atlas Copco Group enables technology that transforms the future. We innovate to develop products, services and solutions that are key to our customers’ success. Our four business areas offer compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools and assembly and machine vision solutions. In 2023, the Group had revenues of BSEK 173, and at year end about 53 000 employees. www.atlascopcogroup.com