GAM buys Guimera from Atlas Copco

22 April 2008

Spanish rental company GAM bought Atlas Copco's Spanish rental business, Guimerá S.A., on 13 February for €18 million.

Guimerá, based in Barcelona, rents power generation and temperature control equipment. It has annual revenues of approximately €14 million, seven depots and 92 employees. It will become part of GAM’s power rental division, GAM Energy, which was formed one year ago.

Guimerá rents power for major events and also supplements the power requirements of Spain’s Island holiday resorts each summer.

Atlas Copco bought Guimerá in 2004 and it has been part of the Specialty Rental division of its business unit Compressor Technique. The sale continues implementation of Atlas Copco's strategy to focus on renting its own oil-free compressors, while exiting the market for more general rentals.

Atlas Copco's remaining specialty rental business in Spain operates under the Atlas Copco name.

Latest News
CSCEC-built spiral tunnel officially recognised as world’s longest
A spiral tunnel in China, built by Chinese construction giant China State Construction (CSCEC), has been recognised as the world’s longest
Consortium wins €302m deal to build Swiss railway plant
A consortium led by Swiss construction company CSC Costruzioni has won a contract worth €302 million (US$327 million) to build a new railway plant in Switzerland
Epiroc to acquire French attachments manufacturer
Swedish OEM continues massive attachments expansion following Stanley acquisition