Woodward has five decades of experience in parts supply and providing service and technical support for several compressor brands
Reports indicate that Sweden based industrial tools and equipment manufacturer, Atlas Copco, has recently concluded the acquisition of Woodward Compressor Sales, a leading distributor of air compressor and their parts, kits, filters, oils, separators and more.
Business Area President of Atlas Copco’s Compressor Technique, Vagner Rego, mentioned that the firm is an expert in terms of advanced knowledge for specifying and sourcing difficult to find parts of compressors. Through this acquisition, Atlas Copco would expand the ability to support its U.S. customers through service.
Apparently, the purchasing price is not material related to the market capitalization of Atlas Copco and was subsequently not yet disclosed. This acquired business now legally becomes a part of the Atlas Copco Compressors, LLC in the United States.
Located in Charlotte, North Carolina, United States, Woodward Compressor Sales Inc. purportedly employees around 15 people. The firm has more than 50 years of experience in specifying and supplying parts, along with offering service and technical support for a number of different compressor brands.
A few days ago, Atlas Copco had acquired Appleton, the firm’s long-established distributor based in Wisconsin, that sold complimentary equipment outside air compressors, which include air treatment and vacuum pumps.
On the acquisition of Appleton, Rego had said in a statement that the territory of Northwest Wisconsin had a huge potential for the company and that the acquisition of Appleton was in line with Atlas Copco’s strategy for ensuring the firm had the best local team to serve its customers and connect with them.
For the uninitiated, Atlas Copco had been established in 1873 and since then has been converting industrial ideas into business-critical benefits. By focusing on its customers and knowing their needs, the company delivers value, along with innovating with the future in mind. Employing about 37,000 people, the company is based in Stockholm, Sweden, and has its customer base in over 180 countries.