This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Atlas Copco compra el fabricante español de generadores Gesan
Atlas Copco bought generators Gesan Spanish manufacturer
19/07/2011
July 19, 2010
Signing of the agreement.
Atlas copco sae has signed an agreement for the acquisition of group generator Gesan, S.A. of Spain, a manufacturer of diesel and petrol generators marketed through a worldwide network of distributors. The agreement significantly expand the range of Atlas Copco generators and will help to create a portfolio of more competitive products, especially for customers in emerging markets.
Gesan, which had revenues in 2010 of 56 million euros, employs about 160 people and is headquartered in Zaragoza, Spain, where it has manufacturing and assembly facilities. The agreement was formalized on July 14. The operation is not subject to approval by competition authorities.
