Brazilian service company has become part of Atlas Copco Group
Nacka, Sweden, May 3, 2024: Tecturbo, a Brazilian service company and manufacturer of parts for centrifugal compressors, has become part of Atlas Copco Group.
Tecturbo was founded in 1992 and is located in Campinas in Sao Paulo State. The company has 51 employees and during 2023 the revenues amounted to approximately 30 MBRL (60 MSEK*).
“Tecturbo has a strong reputation as a quality service provider and this acquisition will allow us to further strengthen our offering and increase our presence in South America,” said Philippe Ernens, President of the Compressor Technique business area.
The purchase price is not disclosed. The business has become part of the Compressor Technique service division.
*Based on 2023 average exchange rate.
For more information please contact:
Christina Malmberg Hägerstrand, Media Relations Manager +46 72 855 93 29 media@atlascopco.com
Daniel Althoff, Vice President Investor Relations +46 76 899 9597 ir@atlascopco.com
About Atlas Copco Group:
Atlas Copco Group enables technology that transforms the future. We innovate to develop products, services and solutions that are key to our customers’ success. Our four business areas offer compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools and assembly and machine vision solutions. In 2023, the Group had revenues of BSEK 173, and at year end about 53 000 employees.
