# Atlas Copco acquires compressor business of JetCan Engineering in Malaysia

Atlas Copco Group completed the acquisition of the compressor business of Penang-based JetCan Engineering Sdn Bhd, which sells and services compressed air equipment in northern Malaysia; 24 employees join the group. The price was not disclosed.

- Type: Acquisition
- Announced: 2024-11-29
- Where: Penang, northern Malaysia, Malaysia
- Jobs: 24
- Status: completed
- Products: compressed air equipment, compressor services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Atlas Copco](https://endata.com/companies/505.md) (acquirer)
- [JetCan Engineering](https://endata.com/companies/12518.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/atlas-copco/r/malaysian-compressor-distributor-has-become-part-of-atlas-copco-group,c4073284), 2024-11-29: "The compressor business of JetCan Engineering Sdn Bhd ("JetCan"), headquartered in Penang, Malaysia, has become part of Atlas Copco Group."
- [airbestpractices.com](https://www.airbestpractices.com/industry-news/atlas-copco-group-acquires-jetcan-engineering), 2024-12-02: "The acquisition is expected to close during the first quarter of 2025."
- [atlascopcogroup.com](https://www.atlascopcogroup.com/en/media/press-releases/2025/20250109-jetcan-closing), 2025-01-09: "The compressor business of JetCan Engineering Sdn Bhd (JetCan), headquartered in Penang, Malaysia, has become part of Atlas Copco Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.