Nacka, Sweden, 25 May 2021 Atlas Copco has acquired the operating assets of Medigas Service & Testing based in New York state in the US. Medigas services, sells, verifies, and installs piped medical and laboratory gas equipment and systems.
Atlas Copco to expand its reach in healthcare industry
The company is privately owned and is an authorized BeaconMedaes representative of medical and laboratory equipment, installation, verification and services. It has six employees and is located in Ronkonkoma, New York State. They serve the healthcare and laboratory sectors in the area.
“We have a long history of working with Medigas,” said Vagner Rego, Business Area president Compressor Technique, “Through this acquisition we will further strengthen and expand our support to both healthcare and laboratory customers in the strategic New York area.”
The purchase price is not material relative to Atlas Copco market capitalization and is not disclosed. The business will be integrated into BeaconMedaes LLC, which is part of the Medical Gas Solutions Division in the Compressor Technique Business Area.
Note: Atlas Copco although present in India and active throughout the subcontinent, seems to provide mainly industrial compressed air systems.