Atlas Copco acquires trio of compressor specialists
13 March 2024
Atlas Copco has made three acqusitions in Germany and the US, buying Pacific Sales & Service, Zahroof Valves and Druckluft-Technik-Nord. The transaction price for each acqusition has not been disclosed.
Founded in 2010, Zahroof Valves designs, services and assembles reciprocating compression valve technology, which is used in oil & gas, chemical processing, industrial gases, air and refrigeration.
Atlas Copco said the purchase of Zahroof Valves, which generated $12 million in revenues last year, will enable it to use the technology in different gas applications.
Vagner Rego, business area president, Compressor Technique, said, “We can leverage on this technology to further increase the energy efficiency in our gas compressors since less power is required than when using traditional valve technology.
“We also see potential to use this technology to further develop our product and service offering in the growing hydrogen and carbon capture segments.”
Rego added that the addition of Oregon-based Pacific Sales & Service, a distributor of compressors, associated spares and accessories, is in line with its goal to “get closer to customers and grow our geographic coverage.”
Zahroof Valves will become part of the Oil Free Air division within the Compressor Technique business area, while Germany distributor Druckluft-Technik-Nord joins Pacific Sales & Service in Atlas Copco’s Service division.
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