ANTWERP, Belgium, June 2, 2014 /PRNewswire/ --
Atlas Copco, a leading provider of sustainable productivity solutions, is reshaping its Quality Air division to focus on medical gas solutions and filter business. The division will change name to Medical Gas Solutions.
The Medical Gas Solutions division, part of the Compressor Technique business area, will focus on medical gas products, filters and services for the growing health care sector globally. All other business segments will be transferred to the Oil-free Air and Industrial Air divisions, where they will fit well and get continued high attention and strong growth opportunities.
"The Medical Gas Solutions division will be fully committed to develop, manufacture, sell and service medical gas solutions," said Horst Wasel, President of the Medical Gas Solutions Division. "It will enable us to meet the demands of the global health care sector and capture the many opportunities in this market. We have a strong offering of innovative products and service solutions and a large potential for profitable growth."
The division will be led by Horst Wasel out of Rock Hill, USA and will be operational from June 1, 2014.
Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and service focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2013, Atlas Copco had revenues of BSEK 84 (BEUR 9.7) and more than 40 000 employees. Learn more at http://www.atlascopco.com.
Atlas Copco's Compressor Technique business area provides industrial compressors, vacuum solutions, gas and process compressors and expanders, air and gas treatment equipment and air management systems. The business area has a global service network and innovates for sustainable productivity in the manufacturing, oil and gas, and process industries. Principal product development and manufacturing units are located in Belgium, Germany, the United States, China and India.
SOURCE Atlas Copco