Atlas acquires Brazilian pump rental company

Premium Content

08 May 2017

127047 untitled 1

Swedish manufacturer Atlas Copco has announced the acquisition of Brazilian pump rental company Itubombas Locação Comércio Importação e Exportação Ltda (Itubombas).

Itubombas is based in Itu in the state of São Paulo, Brazil. The company rents out diesel and electric driven centrifugal pumps to professional customers in the oil and gas, construction and mining sectors in Brazil.

The company employs around 40 staff, and recorded revenues of around BRL18 million (€5.17 million) in 2016. It will become part of the speciality rental division in Atlas Copco’s construction technique business area.

The purchase price has not been disclosed.

 

How to influence construction buyers in an AI world
The buyer journey is now more complicated than ever before, thanks to the AI world. What should construction marketers do to reach their buyers?
JLG takes stake in AI and robotics specialist
Parent company Oshkosh makes equity investment in Nextera Robotics
The evolution of electromobility in construction
The case for electric construction equipment is now as much about productivity and business value as it is about sustainability