Recently, Atlas Copco Group announced the acquisition of Spanish compressor manufacturer Arizaga Bastarrica y Compañia S.A. (hereinafter referred to as "ABC Compressor").
It is understood that ABC compressor was founded in 1943 and is headquartered in Eibar, Spain. It focuses on the production of reciprocating compressors. Its products are widely used in the fields of gas and air compression. The company has a wholly-owned Abbyci Compressor (Suzhou) Co., Ltd. in Suzhou, China. Since its establishment in 2009, it has been committed to the research, development, production and sales of reciprocating piston compressors and their spare parts, and provides related after-sales services and import and export business.
It is reported that after the acquisition is completed, ABC compressor will be affiliated with the Air and Gas Application Department of the Atlas Copco Group's compressor technology business field. This will promote the deep integration of technology, resources and management experience between the two parties, providing comprehensive and efficient solutions to its global customers. At the same time, the localized production and operation experience of ABC compressors in China will also provide strong support for the further development of Atlas Copco Group in the Chinese market.
According to reports, as one of the world's largest manufacturing markets, the Chinese market continues to grow for efficient and energy-saving compressor products. Through this acquisition, Atlas Copco Group will further enhance its competitiveness in the Chinese market and better meet the needs of local customers. It also stated that it will continue to increase investment in the Chinese market in the future and improve the quality of products and services to meet the growing needs of Chinese customers.
The acquisition marks an important step forward in Atlas Copco Group's global strategic layout, which is not only an important part of the group's strategic layout, but also a reflection of its long-term commitment to the Chinese market. Against the backdrop of China's booming economy, Atlas Copco Group and ABC compressors will open a new chapter in the Chinese market and achieve win-win cooperation.
