Atlas Copco has acquired a US service distribution and service supplier of medical gas systems

Stockholm, Sweden, July 2, 2019: Atlas Copco has acquired the operating assets of MGES Inc., a service supplier of medical gas solutions including distribution and service of medical gas systems.

The company is based in Houston, Texas, and serves the Houston and San Antonio area. The company services, sells and completes small installations of piped medical gasequipment, which includes medical air systems, vacuum systems, pipeline equipment and laboratory equipment.

The acquisition gives us the ability to expand our local support to our healthcare and laboratory customers in the Houston and San Antonio, Texas area.It allows us to increase direct sales and services in one of the fastest growing regions in the US

Vagner Rego , Business Area President Compressor Technique, Atlas Copco

The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed. The business will be integrated into BeaconMedaes LLC, which is part of the Medical Gas Solutions Division in Compressor Technique Business Area.

For more information, contact:

Blip

Sara Liljedal

Media Relations Manager, Atlas Copco Group