PSI Compressors, a distributer of compressors in the south-eastern part of Ontario, sells, services and installs compressors and related ancillaries.
The company’s main focus is general industrial manufacturing, food and beverage, agriculture, government and education institutions.
“The acquisition gives us the ability to deliver our presence in eastern Ontario,” said Vagner Rego, Business Area President Compressor Technique.
“It allows us to increase direct sales and services in this important region,” Rego continued.
The purchase price is not material relative to Atlas Copco’s market capitalisation and is not disclosed.
PSI Compressors of Brockville Incorporated will operationally become part of the Compressor Technique service division.