Industrial Utility Efficiency    

Atlas Copco has Acquired Medical Gas Supplier MGES Inc.

Atlas Copco has acquired the operating assets of MGES Inc., a service supplier of medical gas solutions including distribution and service of medical gas systems. The company is based in Houston, Texas, and serves the Houston and San Antonio area. The company services, sells and completes small installations of piped medical gas equipment, which includes medical air systems, vacuum systems, pipeline equipment and laboratory equipment.

“The acquisition gives us the ability to expand our local support to our healthcare and laboratory customers in the Houston and San Antonio, Texas area”, said Vagner Rego, Business Area President Compressor Technique.  “It allows us to increase direct sales and services in one of the fastest growing regions in the US”.

The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed. The business will be integrated into BeaconMedaes LLC, which is part of the Medical Gas Solutions Division in Compressor Technique Business Area.

 

About Atlas Copco Group & Atlas Copco Compressor Technique

Great ideas accelerate innovation. At Atlas Copco, we have been turning industrial ideas into business-critical benefits since 1873. Our passionate people, expertise and service bring sustainable value to industries everywhere. Atlas Copco is based in Stockholm, Sweden with customers in more than 180 countries and about 37,000 employees. In 2018, revenues were BSEK 95, approximately 10 BUSD.

Atlas Copco Compressor Technique partners with customers to turn industrial ideas into smart, connected air and gas solutions and leading edge compressed air technology. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind.

 

About Atlas Copco Compressors

Atlas Copco Compressors LLC is part of the Compressor Technique Business Area, headquartered in Rock Hill, South Carolina. Atlas Copco Compressors provides innovative solutions including world-class compressors, vacuum pumps, air blowers, quality air products and gas generation systems, all backed with full service, remote monitoring and auditing services. With a nationwide service and distribution network, Atlas Copco Compressors is your local, national and global partner for all your compressed air needs. Learn more at https://www.atlascopco.com/en-us/compressors.