Nacka, Sweden, March 3, 2026: Cypress Equipment Rental, Inc. ("Cypress") a portable compressor distributor has become part of Atlas Copco Group.
Cypress is located in Louisiana, US, and has 14 employees who will join Atlas Copco Group as part of the acquisition. The company serves a diversified customer base across industries such as oil and gas, petrochemicals, abrasive blasting, bridge and pipeline construction as well as offshore services.
"This acquisition strengthens our presence in the American portable compressor market, enhancing our reach in specialized oil and gas applications and reinforces our leadership in the region", said Andrew Walker, Business Area President Power Technique. "The strategic location between New Orleans and Baton Rouge places Cypress at the heart of one of the most active industrial corridors in the US."
The purchase price is not disclosed. During 2025 the company had revenues of approximately 17.6 MUSD (174 MSEK*).
The company has become part of the Portable Air division within the Power Technique Business Area.
For more information please contact:
Christina Malmberg Hägerstrand, Media Relations Manager
+46 72 855 93 29
media@atlascopco.com
Daniel Althoff, Vice President Investor Relations
+46 76 899 9597
ir@atlascopco.com
About Atlas Copco Group:
Atlas Copco Group enables technology that transforms the future. We innovate to develop products, services and solutions that are key to our customers' success. Our four business areas offer compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools and assembly and machine vision solutions.
In 2025, the Group had revenues of BSEK 168, and at year end about 56 000 employees. www.atlascopcogroup.com
