We use cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy. Read our policy.
Stay at the forefront of the industrial gas industry with a gasworld subscription and get access to:
Stay at the forefront of the industrial gas industry with a gasworld subscription and get access to:
Gasworld US Edition, Vol 60, No 08 (August) - Helium
By Molly Burgess 2022-08-04T09:07:00+01:00
Atlas Copco has today (4th August) agreed to acquire the assets of Suzhou Gas System.
Based in China, Suzhou Gas System specialises in on-site gas generation for a broad spectrum of industries including metals, petrochemical, marine and electronics.
Looking ahead, Atlas Copco said the acquired business will become part of the Industrial Air division within the Compressor Technique Business Area.
Vagner Rego, Business Area President Compressor Technique, said, “Suzhou Since Gas System is a well-established and reputable company.”
“Their product portfolio, expertise and geographical coverage make them a good fit for us.”
“This acquisition will consolidate our local presence in China, one of the world’s largest nitrogen and oxygen markets.”
The deal is expected to close in Q4 (2022). The purchase price was not disclosed.
Atlas Copco is expanding its North American footprint, having today (29th July) acquired the operating assets of Compressed Air Products.
Atlas Copco has completed the previously announced acquisition of Ceres Technologies, Inc., a US-based manufacturer and designer of gas and vapour delivery equipment for the semiconductor industry.
Atlas Copco is expanding its US footprint, having today (4th July) completed the acquisition National Vacuum Equipment.
Month on month, the gasworld website is the market-leading news portal for the global industrial gas sector, growing at an unprecedented rate and keeping its readers at the forefront of breaking news, insightful analysis and must-see features across the industry. Launched in 2003 and continually evolving, it is the only independent online news, views and intelligence portal for the global industrial gas community and the larger end-user markets – and home to the ever-increasing range of gasworld platforms.
To find out more about gasworld's advertising opportunities click here.
Whether it's web-based or the printed product, gasworld subscriptions have the value-added solutions for you.
Find out more... gasworld Magazine gasworld (US edition) Subscribe today
Site powered by Webvision Cloud