Southeastern US compressed air distributor has become part of Atlas Copco Group

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Nacka, Sweden, July 29, 2024; Compressed Air Technologies, Inc. (Compressed Air Technologies) a US based distributor, has become part of Atlas Copco Group. The company is headquartered in Mississippi and has 53 employees.

The company is a full-line authorized distributor for Quincy Compressor products for areas in Mississippi, Alabama, Georgia, Tennessee, Florida, and Arkansas. The company offers complete air systems and a wide portfolio of industrial equipment such as air compressors, dryers, and accessories including full-service options and systems auditing. 

“This acquisition allows Quincy Compressor to enhance and grow a stronger presence in the Southeastern United States”, said Philippe Ernens, Business Area President for Compressor Technique.

The purchase price is not disclosed. Compressed Air Technologies will become a part of the Compressor Technique Service division.

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