Atlas Copco Strengthens Position with Acquisition of Easy Filtration in Italy
- 15-Jul-2024 4:01 PM
- Journalist: Yage Kwon
Easy Filtration SRL, an esteemed Italian company specializing in the distribution of process filters and associated services, is poised to become a part of the Atlas Copco Group. This strategic acquisition, expected to be completed in the third quarter of 2024, signifies a significant expansion for Atlas Copco's Medical Gas Solutions division within the Compressor Technique Business Area.
The acquisition aims to bolster Atlas Copco's capabilities in providing critical filtration solutions across various industrial sectors. Easy Filtration's expertise and established market presence in Italy and beyond will complement Atlas Copco's existing portfolio, enhancing its ability to meet the evolving needs of customers worldwide.
Philippe Ernens, Business Area President of Compressor Technique, highlighted the strategic significance of the acquisition in Italy, emphasizing its role in expanding their capacity to meet customer demands effectively. The acquisition will bolster their offerings in filters and associated services, enabling them to provide comprehensive and high-quality solutions tailored to the needs of Italian markets. Ernens underscored their commitment to enhancing customer satisfaction through increased capabilities, ensuring that they can deliver excellence in both product and service offerings. This move aligns with their strategy to strengthen their presence and operational capabilities, further solidifying their position in the competitive landscape of compressor technology.
While financial details of the transaction have not been disclosed, the move underscores Atlas Copco's commitment to strategic growth and innovation in filtration technology. By integrating Easy Filtration into its operations, Atlas Copco aims to strengthen its position as a leader in delivering reliable and efficient filtration solutions, driving further expansion and enhancing customer value in the global market.
Atlas Copco Group is at the forefront of driving transformative technology that shapes the future. With a steadfast commitment to continuous innovation, the company focuses on developing essential products, services, and solutions crucial to the success of its global customer base. Across its four core business areas—compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, and industrial power tools including assembly and machine vision solutions—Atlas Copco remains dedicated to enhancing efficiency, sustainability, and productivity. In 2023, the Group reported revenues totaling BSEK 173, supported by a workforce of approximately 53,000 employees worldwide.
This robust foundation underscores Atlas Copco's leadership in delivering cutting-edge technologies that meet evolving industry needs. By leveraging its extensive expertise and global presence, Atlas Copco continues to pioneer innovations that drive customer success, reinforcing its role as a trusted partner in advancing industrial solutions across diverse sectors.
Easy Filtration, headquartered in Milan, specializes in the design and distribution of containers, filtering elements, and automated filtration systems. These systems are tailored to effectively remove contaminants from process fluids, aligning with specific market demands across various sectors. The production strategy of Easy Filtration is meticulously crafted to address the critical needs of industries it serves, ensuring optimal performance and reliability in filtration solutions.