Atlas Copco, Stockholm, Sweden, has agreed to acquire the business of hb Kompressoren Druckluft- und Industrietechnik GmbH, a German distributor and service provider of industrial air compressors and related systems. Terms were not disclosed.
Hb Kompressoren is based close to Stuttgart and operates in the southwestern region of Germany.
The business will become part of Atlas Copco’s compressor technique division. Ten employees will join Atlas Copco.
“We are glad to have such a strong team joining us as it will allow us to further strengthen our presence in the southwestern region of Germany,” said Nico Delvaux, president of Atlas Copco’s compressor technique business area.