Atlas Copco has acquired a US steam boiler rental business
Stockholm, Sweden, June 19, 2019: Atlas Copco has acquired Powerhouse Equipment & Engineering Co. Inc., a steam boiler rental company in the US.Powerhouse is based in Delanco, New Jersey. The company is a key player in the North American steam rental market providing temporary steam solutions to the customer’s processes.
The company primarily serves customers in the manufacturing industry and the oil & gas sector.
Powerhouse has 95 employees and had revenues close to MUSD 36 (MSEK 347) in 2018.
“Powerhouse is a leading company in its field of expertise in the US market” said