Atos Acquires North American Distributor, Fluid Power Associates
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York, PA –Â Atos SpA announced today that it has acquired full ownership of Fluid Power Associates, Inc., an importation, distribution, and repair center for electrohydraulic components in which it held a minority stake. The name of the newly restructured company will be “Atos North America.” The purchase will allow the Italian hydraulics manufacturer to better operate in the North American market by providing a larger local stock, enhanced technical support, and better customer service.
Originally founded in 2002 as a joint venture between Atos SpA and ten North American hydraulics distributors, Fluid Power Associates Inc. has served as the North American Master Distributor for the Atos brand of electrohydraulic components for over 13 years. During this time FPA contributed to the success of Atos SpA by developing significant business throughout the United States, Canada, and Mexico.
In order to most effectively capitalize on this momentum, Atos included in their announcement that their existing team of Regional Sales Managers throughout North America will join the newly formed Atos North America to best serve customers throughout the sales cycle. Gary Rosenberger, General Manager of Atos North America (formerly President of Fluid Power Associates), said regarding this: “With a strong distributor network, industry-leading customer service, and a highly committed staff, Fluid Power Associates, has seen steady growth here in North America. Atos has some of the most advanced solutions for the modern hydraulics customer and we expect continued growth as we prove this to the market. Having the Atos Regional Sales Managers join the organization will make us even more effective in doing this, and improve the customer experience when working with Atos.”
Additional information provided by Atos indicates the company intends to continue to invest in the newly acquired Atos North America, and expand its breadth and depth of capabilities as it did with its Shanghai division, a leading business unit for the global organization. Giovanni Zucchelli, Sales Marketing Manager for Atos global says of this intention to invest: “In China, our Atos Shanghai division has grown significantly in the past 10 years. Now with over 70 staff members and $35 million in annual sales, this division serves as an example of what we intend for North America. With a large, technologically advanced customer base similar to that of Europe, North America represents an important part of our growth strategy moving forward.”
About Atos SpA
Atos is a global leader in the manufacture of electrohydraulic products: precision components used to integrate electrical and hydraulic systems in motion control applications. Founded in 1957, the company has a long history of manufacturing components that are rigorously tested and highly reliable. Their products conform to international standards of design, quality, and safety. With an ongoing focus on technology, Atos has developed a complete range of modern electrohydraulic products for high-end industrial applications.
With headquarters in Sesto Calende, Italy, and operations in all major world markets, Atos has a strong coordinated global approach and integrated business structure. The company is vertically positioned through strong investment in machine shops, foundries, assembly divisions, and systems integrators. As a result, Atos has the capabilities to handle all aspects of applied electrohydraulics. Thanks to a management team focused on quality and innovation, Atos consistently produces electrohydraulic components that lead the industry in a variety of metrics. In fact, their adaptability as a lean manufacturer has allowed the company to realize lead times and quality standards ahead of industry norms. While a global company in reach, Atos SpA strives to understand their customers and tailor their regional approaches to that which meets the needs of their local customers.
For further information visit www.atos.com and www.atosna.com Â
