Stockholm, Sweden-based Atlas Copco Compressors LLC USA, purchased the compressor division of Premier Equipment Corp., which has been a successful Atlas Copco compressor distributor for many years, serving the state of Louisiana.
“The acquisition brings us closer to our customers in the region, letting us build on the strong base that Premier Equipment has developed in key segments,” said Stephan Kuhn, business area president, Atlas Copco Compressor Technique.
The compressor division of Premier Equipment will be incorporated into the Southern Region of Atlas Copco Compressors in the United States, and the non compressor side, selling mainly pumps and process equipment, will continue to trade as Premier Equipment Corp.
Premier Equipment, based in Baton Rouge, La., has a well-developed customer base and market presence in the Louisiana territory. Economic activity in the territory is driven largely by chemical and petrochemical refining, offshore oil services, ship-building (workboats), general industry, and engineering services for the oil and gas sector.
Twelve employees will join Atlas Copco from Premier Equipment as a result of the acquisition. The parties have agreed not to disclose the purchase price.
Atlas Copco is a leading provider of industrial productivity solutions. The products and services range from compressed air and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket and rental.