Atlas Copco, Stockholm, Sweden, has agreed to acquire FIAC, an Italian manufacturer of piston compressors and related equipment with a global sales network.
FIAC, with 400 employees and 2014 sales of SEK 640 million (US$74.7 million), has production sites in Italy, China and Brazil, and sells into more than 110 countries.
“This acquisition will strengthen our product portfolio and expertise especially for piston compressors,” said Nico Delvaux, president of Atlas Copco’s compressor technique business area.
