Atlas Copco to Acquire Quincy Compressor
Atlas Copco has agreed to acquire Quincy Compressor from
EnPro Industries Inc. The acquisition, subject to regulatory approvals, supports
Atlas Copco’s growth in North America and China, adding a strong brand and an
extensive distributor network.
Quincy Compressor designs and manufactures reciprocating compressors, rotary screw compressors and vacuum pumps, primarily under the Quincy brand. Atlas Copco plans to further develop the Quincy brand independently, in line with the Atlas Copco Group’s brand portfolio strategy.
“We look forward to working with Quincy Compressor and its strong distributor network. The strategic fit is very good, and we will be able to better serve customers in the United States with an even more differentiated product portfolio,” says Stephan Kuhn, business area president, Atlas Copco Compressor Technique. “For Atlas Copco, this acquisition offers interesting synergies in both product design and supply chain management, while adding a strong brand for our continued growth.”
Quincy was founded in the 1920s, and is headquartered in Bay Minette, Ala. With approximately 400 employees, it has manufacturing facilities in Bay Minette, as well as Quincy, Ill., and in Kunshan, China. The products are sold through a network of independent distributors and agents. More than three quarters of the sales are in the United States.
Quincy Compressor designs and manufactures reciprocating compressors, rotary screw compressors and vacuum pumps, primarily under the Quincy brand. Atlas Copco plans to further develop the Quincy brand independently, in line with the Atlas Copco Group’s brand portfolio strategy.
“We look forward to working with Quincy Compressor and its strong distributor network. The strategic fit is very good, and we will be able to better serve customers in the United States with an even more differentiated product portfolio,” says Stephan Kuhn, business area president, Atlas Copco Compressor Technique. “For Atlas Copco, this acquisition offers interesting synergies in both product design and supply chain management, while adding a strong brand for our continued growth.”
Quincy was founded in the 1920s, and is headquartered in Bay Minette, Ala. With approximately 400 employees, it has manufacturing facilities in Bay Minette, as well as Quincy, Ill., and in Kunshan, China. The products are sold through a network of independent distributors and agents. More than three quarters of the sales are in the United States.
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