Posted December 13, 2019

Lane Industrial Supply acquires Compressed Air Technologies

Denver-based Lane Industrial Supply Company has acquired Compressed Air Technologies.

Compressed Air was assisted in the sale by Generational Equity, a mergers and acquisitions advisor for privately held businessesy. The acquisition closed Sept. 6, 2019 and details were not disclosed.

Compressed Air Technologies sells and services air compressors for commercial and industrial businesses. The company is a certified Kaeser distributor located in Monroe, Ohio, providing service, sales and rentals across Ohio, Kentucky, and Indiana.

Lane Industrial Supply Company is a wholesale distributor of general manufacturing, industrial, millwork and construction supplies.