Atlas Copco buys Turkish manufacturer
by CanadianManufacturing.com Staff
The new acquisition will be part of Atlas Copco's Industrial Air division within Compressor Technique.
STOCKHOLM—Atlas Copco has acquired Istanbul, Turkey-based Ekomak, a manufacturer of industrial screw compressors for the European metal works, textile and manufacturing sectors.
Privately-owned Ekomak was established in 1992 and has around 160 employees. It posted 2011 revenues CAN$29.5 million with manufacturing facilities in Edirne, Turkey, as well as sales and service operations in Russia and Germany.
Ekomak will be part of Atlas Copco’s Industrial Air division within Compressor Technique.
Based in Stockholm, Atlas Copco is a global manufacturer of compressors, expander, air treatment systems, construction and mining equipment, power tools and assembly systems with 37,500 employees and $11.58 billion in revenues. The firm’s Canadian Headquarters is in Mississauga, Ont, however manufacturing is mainly concentrated in Belgium, Sweden, Germany, Italy, the U.S., India and China.