November 2, 2022 - Atlas Copco has acquired Precision Pneumatics Ltd and Wearside Pneumatics Ltd, two compressed air distributors and service providers in the UK.
Precision Pneumatics Ltd was founded in 1991 and is based near Liverpool, with presence in the North-West of England. The company has 26 employees.
Wearside Pneumatics Ltd was founded in 1974 andis based near Newcastle upon Tyne, with presence in the North-East of England. The company has 17 employees.
Both companies are privately owned by the same owners. They provide compressed air solutions to companies in all types of manufacturing industries, such as general manufacturing, electronics, automotive and automotive supply chain, food & beverage, and metal fabrication.
“Both companies have strong sales andservice coverage in highly dense industrial areas of the UK,” said Ariel Rubinstein, General Manager Atlas Copco Compressors UK & Ireland. “The acquisitions will further increase our direct service and sales presence in those key areas and provide growth opportunities.”
“We have had 32 happy and successful years in the industry, and now is the time to move on to the next chapter. We would like to take this opportunity to wish our staff, customers, suppliers and many friends whom we have encountered along this journey the very best wishes, health and happiness for the future,” said Phil Hood, Owner.
The purchase price is not disclosed.
The acquired businesses will become part of the Service division within the Compressor Technique Business Area.
For more information please contact:
Joanna Canton Long, Marketing and Communications Manager, Atlas Copco Compressors
+44 (0)1442 222240 or joanna.canton.long@atlascopco.com
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