Atlas Copco SAE has acquired Grupo Electrógenos GESAN S.A. of Spain, a manufacturer of diesel and petrol generators sold through a global distributor network. The deal strengthens Atlas Copco’s product portfolio, especially for customers in emerging markets.
Gesan, which was privately owned, had revenues in 2010 of €56 million. The company employs about 160 people and is based in Zaragoza, Spain, where it has a production and assembly facility. Its generators are used for primary power supply and for standby purposes, ranging in sizes up to nearly twice as high as Atlas Copco’s current offering. The distributor network reaches more than 85 countries, with Europe, Africa and Russia as the most important markets.
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An official opening ceremony has taken place for the new Hitachi Construction Machinery (Europe) NV (HCME) European Parts Depot. The celebration was held at the Oosterhout facility in the south of The Netherlands and the guest of honour was Hitachi Construction Machinery Co., Ltd. (HCM) President Michijiro Kikawa.
Mr Kikawa gave a speech to the other distinguished guests who attended the ceremony, among them Mitsuhiro Tabei, President of HCME. He then presented representatives from the Parts Depot with a special Japanese maple tree, which was planted in front of the building.
In his address, Mr Kikawa emphasised the importance of the new facility, saying: “It is a great honour to officially open this new Parts Depot, and to have the opportunity to join my colleagues from HCME at such an important event in our history.
“The aim of the company investing in this larger, improved facility is to provide the best possible service to our dealers and customers. Parts availability has further increased due to the new facility’s greater capacity and efficiency. This will help Hitachi to boost parts sales and meet the demands of our expanding customer base.”
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