Atlas Copco Tools & Assembly Systems LLC this week agreed to acquire the sales and marketing operation of its current tool distributor Kramer Air Tool, based in Farmington Hills, Mich. The agreement further strengthens Atlas Copco’s presence, market coverage and support to customers.
“We are very pleased to integrate the Kramer distributor network into Atlas Copco sales organization and thereby offer our customers an even wider range of sophisticated products, services and accessories,” says Mats Rahmström, business area president Atlas Copco Industrial Technique. “This will bring us closer to our customers.”
Kramer was founded in 1984 and has been a sole Atlas Copco distributor for Michigan since 1999 for tools and related services to the motor vehicle and general industries. Kramer employs approximately 50 people and in 2009 the turnover was nearly $17 million.
The agreement gives Atlas Copco the rights to sales and service of Atlas Copco’s industrial tools in the state of Michigan. Customers will be transferred to Atlas Copco’s Customer Center in Michigan. The parties have agreed not to disclose the price.
Atlas Copco is an industrial group with positions in compressors, construction and mining equipment, power tools and assembly systems.