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Supplier Notes

Atlas Copco Buys Compressor Rental Business

La Porte, Texas-based Atlas Copco Prime Energy LLC has purchased Scotland-based Aggreko Plc's compressor rental business. The deal, worth $18 million, expands Atlas Copco's Specialty Rental Division, adding some 200 oil-free air compressors and dryers to its European rental fleet. Various Atlas Copco companies in Europe purchased the fleet assets.

"Aggreko's business is a perfect fit with our Specialty Rental Division - as they serve similar market segments and applications, broadening our customer base in Europe," said Ronnie Leten, business area president, Atlas Copco Compressor Technique. "The acquisition of the European business of Aggreko Plc supports the growth of Specialty Rental's core business, renting oil-free air equipment."

January/February 2009