An Acquisition Signs with Suzhou
Atlas Copco has signed an acquisition of the assets in Suzhou Since Gas System Co., Ltd. (Since Gas), a China-based manufacturer of on-site gas generation equipment.
Since Gas is a privately owned company headquartered in Suzhou, Jiangsu province, with a presence throughout China. In 2021, the company had revenues of approximately 70 MCNY (MSEK 93*). The company has 80 employees.
The company specializes in on-site gas generation for a broad spectrum of industries including metals, petrochemical, marine and electronics.
The purchase price is not disclosed.
