Atlas Copco acquires Capitol Vacuum Parts

Atlas Copco has agreed to acquire the assets of Capitol Research Equipment Inc., commonly known as Capitol Vacuum Parts, a US parts and service provider for vacuum pumps.

The company has 15 employees and is based in Chantilly, Virginia, USA. It sells spare parts globally for vacuum pumps and related equipment, and also provides repair and service in the US. It has revenues of about US$3.1 million. Once acquired, the business will become part of Edwards Vacuum, LLC within the Vacuum Solutions division in Atlas Copco’s Compressor Technique business area.

“This acquisition will strengthen our global vacuum presence by providing more customers with outstanding parts and service,”said Nico Delvaux, President of Atlas Copco’s Compressor Technique business area.

The acquisition is expected to be completed in January 2016. The parties have agreed not to disclose the purchase price.

Adapted from press release by Rebecca Bowden

Read the article online at: https://www.worldcement.com/the-americas/04012016/atlas-copco-acquires-capitol-vacuum-parts-251/