Atlas Copco Compressors LLC has purchased assets related to the compressor business of the Tencarva Machinery Co., a long-time distributor of Atlas Copco products. The acquired business operates in Tennessee, Virginia, Mississippi, Maryland and Delaware.
“This acquisition supports the development of our aftermarket business and brings us closer to customers in an important geographic region of the United States,” said Stephan Kuhn, business area president, Atlas Copco Compressor Technique.
The acquired compressor business will be incorporated into the East Region of Atlas Copco Compressors in the United States. Atlas Copco will operate from Tencarva’s current locations for a period of six to 12 months. After divesting the compressor business the Tencarva Machinery Co. will continue to sell mainly industrial pumps.
Approximately 37 employees in sales and service roles will join Atlas Copco from Tencarva Machinery as a result of this acquisition.
Based in Stockholm, Sweden, Atlas Copco is an industrial group with world-leading positions in compressors, construction and mining equipment, power tools and assembly systems.
Atlas Copco’s Compressor Technique business area develops, manufactures, markets, and services oil-free and oil-injected stationary air compressors, portable air compressors, gas and process compressors, turbo expanders, electric power generators, air treatment equipment and air management systems. It also offers specialty rental services. Principal product development and main manufacturing units are in Antwerp, Belgium.