Media release of June 26, 2017 Burckhardt Compression Holding AG Page 1/2 Im Link 5, 8404 Winterthur, Switzerland

Tel.: +41 52 262 55 00

www.burckhardtcompression.com

Burckhardt Compression expands its presence in Canada Burckhardt Compression Holding AG has acquired CSM Compressor Supplies & Machine Work Ltd, (CSM) a Canadian company based in Edmonton and Drumheller, Alberta, effective June 23, 2017. The company recorded sales of about CHF 5.7 million and employed a staff of 43 in 2016. This acquisition helps Burckhardt Compression to expand its presence in the reciprocating compressor service market in Canada. The parties have agreed not to disclose the purchase price.

The acquisition of CSM Compressor Supplies & Machine Work Ltd, rounds out Burckhardt Compression's service infrastructure in Western Canada. CSM has 35 years of experience in component supply and repair, focused on the upstream market. This purchase enables Burckhardt Compression Canada to establish a presence in the upstream compressor service market and, in parallel, offer comprehensive service to downstream customers through the combination of service and engineering expertise through the capabilities of CSM.

"The acquisition of CSM Compressor Supplies & Machine Work Ltd allows us to address both the upstream and downstream markets in Canada," says Marcel Pawlicek, CEO of Burckhardt Compression. "Rounding out our comprehensive service offering in local markets is one of our main goals during these highly competitive times."

Further information:

Marcel Pawlicek, CEO Tel.: +41 52 262 55 00

marcel.pawlicek@burckhardtcompression.com

About Burckhardt Compression

Burckhardt Compression is the worldwide market leader for reciprocating compressors systems. As single manufacturer and service provider that covers a complete range of reciprocating compressor technologies and services. Its customized compressor systems are used in the upstream oil & gas, gas transport and storage, refinery, chemical, petrochemical and industrial gas sectors. Burckhardt Compression's leading technology, high-quality compressor components and the full range of services help customers to minimize life cycle costs of their reciprocating compressor systems around the world. Since 1844 its highly skilled workforce has crafted superior solutions and set the benchmark in the gas compression industry.

SIX Swiss Exchange: BCHN

For further information please visit www.burckhardtcompression.com

Media release June 26, 2017

Page 2/2

Burckhardt Compression Holding AG published this content on 26 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 June 2017 04:50:05 UTC.

Original documenthttps://www.burckhardtcompression.com/wp-content/uploads/2017/06/170626_Media-release_Acquisition-CSM.pdf

Public permalinkhttp://www.publicnow.com/view/7E1889B6C6ED5EF8728F28465837689DEDE7EC3F