Atlas Copco acquires generator firm

Atlas Copco is buying the Spanish generator manufacturer Grupo Electrógenos GESAN.
Finance & Funding / February 28, 2012
161 Atlas Copco is buying the Spanish generator manufacturer 3270 Grupo Electrógenos GESAN. The Spanish firm makes diesel and petrol generators that are sold through a global distributor network and this deal will strengthens 161 Atlas Copco's product portfolio. The move is thought to bolster 161 Atlas Copco's generator range, particularly for customers in emerging markets. Based in Zaragoza, Spain, Gesan has a production facility that makes generators for primary power supply and for standby purposes. The units range in sizes up to nearly twice as high as 161 Atlas Copco's current offering. The distributor network reaches more than 85 countries, with Europe, Africa and Russia as the most important markets. 161 Atlas Copco will keep the Gesan brand in line with its brand portfolio strategy. The Group also sells generators under the 161 Atlas Copco and Chicago Pneumatic brands. 161 Atlas Copco's generator business operates within the Portable Energy division (formerly Portable Air), which is part of the Construction Technique business area.