Atlas Copco, a Swedish industrial tool manufacturer, announced on Tuesday that it has acquired the compressed air business of Asven SRL, a privately-owned Argentinian company. The acquired business includes ten employees and is specialized in the sale, installation and service of compressed air systems. The purchase price of the business was not disclosed.
Atlas Copco is a leading provider of industrial productivity solutions. The company has wide range of products and services, including compressed air and gas equipment, construction and mining equipment, power tools, assembly systems and rental solutions. Atlas Copco serves a wide variety of industries and applications, including general manufacturing, construction, automotive and shipbuilding, aerospace, energy and many more.
Dominic Chopping, the author of the article, is a Business Reporter at the Wall Street Journal. He covers technology, industrial products and services. He focuses on the European markets and brings the latest news, interviews and analysis to the readers. His work is always informative and insightful. Chopping has been working at the Wall Street Journal since 2017 and is one of their most respected reporters.
