Atlas Copco completes acquisition of Quincy Compressor in the United States
Stockholm, Sweden, March 1, 2010: Atlas Copco today completed the acquisition of Quincy Compressor from EnPro Industries, with the exception of Quincy’s Chinese operations, where regulatory approvals from relevant local authorities are still pending.Quincy Compressor designs and manufactures reciprocating compressors, rotary screw compressors and vacuum pumps, primarily under the Quincy brand. Atlas Copco plans to further develop the Quincy brand independently, in line with the Group’s well established brand portfolio strategy. The acquired business had revenues in 2009 of MUSD 125 (MSEK