Atlas Copco has announced the acquisition of AEP, a French distributor of compressors and provider of service.
“AEP has highly qualified service technicians, and the company has for many years been a distributor of Atlas Copco”, said Vagner Rego, Business Area President Compressor Technique. “By this acquisition, we will reinforce our commitment to better serve our customers and strengthen our capabilities for the growing market of small- and medium-sized companies.”
The company has a strong market presence in Paris and the Île-de-France region.
AEP is a privately owned company and has 8 employees. The company is located south of Paris, in Saint-Michel-sur-Orge.
The company serves a diverse group of small to medium-sized customers in industries such as manufacturing, food and beverage, and automotive.
The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.
The company will become part of the Service division within the Compressor Technique Business Area.