Nacka, Sweden, October 2, 2024: Kinder-Janes Engineers Ltd (“Kinder-Janes”), an industrial pump distributor headquartered in St. Albans, UK, has become part of Atlas Copco Group.
Industrial pump distributor in the UK has become part of Atlas Copco Group
October 2, 2024
Kinder-Janes was founded in 1957 and has 20 employees.
“Through this acquisition we can further expand and penetrate the UK pump market, in line with our strategy to provide even better and closer service to our customers,” said Andrew Walker, Business Area President Power Technique.
The purchase price is not disclosed. During 2023 the company had revenues of 12,5 MGBP (164 MSEK*). The company will become part of the Power and Flow division within the Power Technique Business Area.
*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.
20241002 Industrial pump distributor in the UK has become part of Atlas Copco Group
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