(China) Investment Co. Ltd has acquired certain assets of Guangzhou Linghein Compressor Co., Ltd. The acquisition supports Atlas Copco’s expansion in China, adding a brand of industrial air with a strong regional presence.
Linghein, founded in 2001, is located in the city of Guangzhou in Southeast China. The company has a turnover of approximately CNY 110 million (about U.S. $17.3 million) and 160 employees. The company primarily designs and produces small and medium-sized oil-injected rotary screw compressors. It has established a solid organization with sales and service representation in various regions over China and a strong distributor network.
“We want to further increase our presence in China and Linghein has a strong regional brand in a dense industrial province,” said Stephan Kuhn, business area president, Atlas Copco Compressor Technique. “Linghein has a good reputation in its customer base and complements our current brand portfolio very well.”
The acquired business will become part of Compressor Technique’s Industrial Air division. It will continue to operate under its own brand, in line with the Atlas Copco Group’s well-established brand portfolio strategy. For more information about Linghein, visit www.linghein.com.
Based in Stockholm, Sweden, Atlas Copco is an industrial group with positions in compressors, expanders and air treatment systems, construction and mining equipment,and assembly systems.
Atlas Copco’s Compressor Technique business area provides industrial compressors, gas and process compressors and expanders, air and gas treatment equipment and air management systems. It has a global service network and offers specialty rental services.