Atlas Copco has acquired American Air Products, USA

Atlas Copco has acquired American Air Products, USA

Stockholm, Sweden, July 5, 2010: Atlas Copco Compressors LLC, has
purchased certain assets of American Air Products, Inc, USA.

The acquired business has been a long-serving, Atlas Copco compressor
distributor for many years in the states of Minnesota, North Dakota,
South Dakota as well as areas of Wisconsin.

“Feet on the street and maintaining the closest relationship with the
customer continues to be a high priority for us,” says Stephan Kuhn,
Business Area President, Atlas Copco Compressor Technique. “This
acquisition gives us the opportunity to bring some experienced sales and
aftermarket people into Atlas Copco, and will allow for an even greater
customer focus.”
The acquired business, operating on the market under the name Clayhill,
has a well developed customer base and market presence within the
region. Sales mainly consist of Atlas Copco branded compressor equipment
and parts. The economic activity in this region is both varied and
competitive and offers a good opportunity for Atlas Copco to grow
customer relationships going forward.
Approximately 18 employees will join Atlas Copco from American Air
Products as a result of this acquisition. The American Air Products
business will be incorporated into the Central Region of Atlas Copco
Compressors in the USA. The Clayhill name will be used for an interim
period.

For further information please contact:
Stephan Kuhn, Business Area President, Compressor Technique
+32 (0)3 870 2938 or +32 (0)474 881 154
Love Liman, Acting Media Relations Manager
+46 (0)8 743 8060 or +46 (0)73 318 8060