Atlas Copco has acquired AEP, a French distributor of compressors and provider of service. 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.
“AEP has highly qualified service technicians, and the company has for many years been a distributor of Atlas Copco,” says 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-size companies.”
The purchase price is not material relative to Atlas Copco’s market capitalisation and has not been disclosed.
The company will become part of the Service division within the Compressor Technique Business Area.