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Atlas Copco to acquire compressor manufacturer in Turkey
Stockholm, Sweden, June 1, 2012:
Atlas Copco has agreed to acquire the Ekomak Group, a Turkish
manufacturer of industrial screw compressors, strengthening its market
position in the region. Ekomak has a strong domestic position in
industries such as metal works, textile and manufacturing.
Ekomak was established in 1992 and has around 160 employees. It is
privately owned and had revenues in the last 12 months of approximately
MEUR 23 (MSEK 200). The company develops, produces and sells
stationary, oil-injected screw compressors, including variable
frequency drive options.
Headquartered in Istanbul with manufacturing in Edirne, Turkey, Ekomak
also has its own sales and service operations in Russia and Germany and
a network of distributors for other countries.
“By acquiring Ekomak, we will further expand and strengthen our
presence in Turkey and Russia. Ekomak is a well-established brand
within its segments and markets. It has a strong potential for further
growth and is a good complement to our existing offering,” says Stephan
Kuhn, Business Area President for Compressor Technique.
Ekomak will be part of the Industrial Air division within Compressor
Technique. The acquisition is expected to be closed during the third
quarter of 2012.
Based on a press release
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