Atlas Copco makes strategic acquisition to expand in low pressure equipment
Stockholm, Sweden, December 15, 2011: Atlas Copco North America LLC has agreed to acquire Houston Service Industries, Inc., a U.S. manufacturer of low-pressure blowers and vacuum pumps. The company has a strong domestic position in equipment for the wastewater treatment and industrial process sectors, offering sales synergies with Atlas Copco’s existing products in these market segments.Houston Service Industries, which is privately owned, had revenues in the last 12 months of MUSD 37 (MSEK 240) and 123 employees. The company is a leading manufacturer of multistage centrifugal blowers, a