Atlas Copco Mafi-Trench LLC USA has signed an agreement to acquire the pump business from J.C. Carter LLC, headquartered in California.
J.C. Carter is a leading producer of cryogenic submerged
motor pumps, which have many applications in the growing natural gas market.
The company’s products primarily are used in liquid natural gas regasification
and liquefaction plants, and natural gas liquid processing.
“The acquisition will extend Atlas Copco’s offering to
customers in liquid natural applications, as well as to the chemical and
petrochemical industries,” says Stephan Kuhn, business area president of Atlas
Copco Compressor Technique.
The acquired business will be a part of Atlas Copco’s
Gas and Process Division, and the deal is expected to be closed in the first
quarter 2011. The parties have agreed not to disclose the purchase price.
Atlas Copco Acquires Cryogenic Pump Business
January 24, 2011