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Atlas Copco Ltd has signed an agreement to acquire the Medical Gas Solutions business from Penlon Ltd, headquartered in the United Kingdom. Penlon Medical Gas Solutions is a leading provider of medical gas systems, medical vacuum equipment, and pipeline components for hospitals.Ballast Stone Crushing

Penlon Medical Gas Solutions’ business had revenues in 2010 of around MGBP 12 (MSEK 120) and employed about 100 people. The parties have agreed not to disclose the purchase price. The transaction is conditional on clearance by competition authorities.

Penlon Medical Gas Solutions is headquartered in Abingdon, Oxfordshire. The company has assembly facilities in the UK and sells through distributors to over 30 countries worldwide, including the Middle East, India, China and Japan. See also the Medical Gases section of penlon.com. The anesthesia business will remain with Penlon Ltd.

“The medical gas market is a growing segment worldwide and has an aftermarket business with a good potential. This acquisition supports Atlas Copco’s strategy of extending our medical gas offering globally and increasing revenues through aftermarket,” says Stephan Kuhn, Business Area President, Atlas Copco Compressor Technique.Crusehrs are used in Western areas

The Atlas Copco Group already has a presence in the medical gas market through BeaconMedaes, which specializes in medical gas systems. With the acquisition of Penlon Medical Gas Solutions, Atlas Copco will further improve its global footprint and be a comprehensive solutions provider to worldwide medical gas customers. The business will become part of Atlas Copco Compressor Technique’s Industrial Air division and the products will be sold under the brand name Penlon Medical Gas Solutions.

According to the purchase agreement, MAI will receive rights, registrations and supporting regulatory data for all of DuPont’s non-mixture diuron herbicides, including its industry-leading DuPont™ Direx® and Karmex® brands. The acquisition will enhance the Company’s global product offering and broaden its market reach in North America, Brazil and Asia Pacific regions. Excluding potential synergies, the acquired products are expected to generate additional annual sales of around $35 mm to MAI in the first year.

“As a leading off-patent global player we are committed to deliver effective, high quality and reliable solutions to farmers globally and generate profitable growth. We are excited to announce this milestone transaction, another strategic move that we take to expand our product offering and global reach through add-on acquisitions,” commented Dr. Yoav Zeif, MAI’s VP Global Products and Marketing.Jaw Crusher For Stone Crushing