Your browser is not supported

You are using a browser we do not support any longer. To continue visiting our website, please choose one of the following supported browsers.

Google Chrome

Mozilla Firefox

Safari

Microsoft Edge
india
Close

Atlas Copco to acquire pump rental business in Brazil

21 April, 2017

Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to acquire Itubombas Locação Comércio Importação e Exportação Ltda, a pump rental company in the Brazilian market.

Itubombas pumps
Itubombas is based in Itu in the state of São Paulo, Brazil. The company rents out diesel and electric driven centrifugal pumps to professional customers in the oil and gas, construction and mining sectors in Brazil. Itubombas has about 40 employees and had revenues of about MBRL 18 (MSEK 50) in 2016. "The Itubombas brand is well known in the Brazilian market for its high quality and technical expertise," said Andrew Walker, President of Atlas Copco's Construction Technique business area. "This acquisition will strengthen our rental product offering to customers in this crucial market." The acquisition is expected to be completed in the second quarter 2017. The purchase price is not material relative to Atlas Copco's market capitalization and is not disclosed. Itubombas will become part of the Specialty Rental division in Atlas Copco's Construction Technique business area.

For more information please contact:

  • Olivia Gambin, Divisional Communication Manager Atlas Copco Specialty Rental
    Tel.: +32 3 750 82 87
    Email:
    • Olivia Gambin, Divisional Communication Manager Atlas Copco Specialty Rental
      Tel.: +32 3 750 82 87
      Email:
      • Olivia Gambin, Divisional Communication Manager Atlas Copco Specialty Rental
        Tel.: +32 3 750 82 87
        Email: Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2016, Atlas Copco had revenues of BSEK 101 (BEUR 11) and about 45 000 employees. Learn more at
        • Olivia Gambin, Divisional Communication Manager Atlas Copco Specialty Rental
          Tel.: +32 3 750 82 87
          Email:
          • Olivia Gambin, Divisional Communication Manager Atlas Copco Specialty Rental
            Tel.: +32 3 750 82 87
            Email: Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2016, Atlas Copco had revenues of BSEK 101 (BEUR 11) and about 45 000 employees. Learn more at Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2016, Atlas Copco had revenues of BSEK 101 (BEUR 11) and about 45 000 employees. Learn more at
            • Olivia Gambin, Divisional Communication Manager Atlas Copco Specialty Rental
              Tel.: +32 3 750 82 87
              Email: Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2016, Atlas Copco had revenues of BSEK 101 (BEUR 11) and about 45 000 employees. Learn more at Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2016, Atlas Copco had revenues of BSEK 101 (BEUR 11) and about 45 000 employees. Learn more at www.atlascopcogroup.com. Specialty Rental is a division within Atlas Copco’s Construction Technique business area. It serves customers in the industry segments around the world with temporary air and power rental solutions. The specialty rental services are offered under several brands. The divisional headquarters is located in Houston, USA.