Mats Rahmström, President and CEO of the Atlas Copco Group, comments on the report for Q1 that was released today. “This was a very strong quarter,” said Mats Rahmström. ”Primarily due to several significant orders and strong project-related business, the order intake increased more than expected and reached a new record level.“ Order volumes for industrial compressors […]
continue readingAtlas Copco has completed the acquisition of Trillium US Inc. The company provides vacuum pump services to semiconductor and general vacuum customers. It also has a small manufacturing business focused on piston and cryogenic pumps. Trillium US Inc. is a privately owned company with approximately 140 employees, headquartered in Clackamas, Oregon, with additional sites in […]
continue reading
Atlas Copco, founded in Stockholm in 1873, today celebrates its 150-year anniversary. During a century and a half, Atlas Copco has been driving development and delivering breakthrough innovations to customers in many different industries. “We are extremely proud of our past, and we continue to shape the future through our technologies and service solutions,” said […]
continue readingAtlas Copco has agreed to acquire the cryopump service and distribution business of ZEUS Co., Ltd. The business provides service and sales distribution for the Vacuum Technique business area’s CTI and Polycold products in South Korea. The seller of the business, ZEUS Co., Ltd (ZEUS), is a company listed on the KOSDAQ Korea Exchange. The […]
continue readingAtlas Copco has agreed to acquire CVS Engineering GmbH, a German manufacturer of industrial vacuum pumps and blowers for mobile use on tanker trucks and other types of transport. CVS Engineering GmbH (CVS Engineering) is headquartered in Rheinfelden, Germany, and has 76 employees. In 2021, the company had an annual revenue of approx. MEUR 20 […]
continue readingEdwards, part of the Atlas Copco Group, is opening the doors to two new manufacturing facilities in Arizona and Massachusetts to support the fast-growing North American semiconductor market. “We are increasing our presence in the US to be close to our customers, who are committing large investments in US semiconductor manufacturing,” said Geert Follens, Business […]
continue readingAtlas Copco has completed the acquisition of the assets in Suzhou Since Gas System Co., Ltd. (Since Gas), a China-based manufacturer of on-site gas generation equipment. Since Gas is a privately owned company headquartered in Suzhou, Jiangsu province, with presence throughout China. In 2021, the company had revenues of approximately 70 MCNY (MSEK 93*). The […]
continue readingThe comparison figures presented in this report refer to previous year unless otherwise stated. Third quarter Orders received increased 23% to MSEK 40 555 (33 023), organic growth of 6% Revenues increased 37% to MSEK 38 074 (27 824), organic growth 18% Operating profit was MSEK 8 378 (6 000), corresponding to a margin of 22.0% […]
continue readingAtlas Copco has acquired Oxymat A/S, a Danish supplier of on-site oxygen and nitrogen solutions. Oxymat is a privately owned company headquartered in Helsinge, Denmark, with production facilities in Denmark and Slovakia. The company has 146 employees, and in 2021, they had revenues of approximately MDKK 301 (MSEK 411*). Oxymat specializes in on-site gas generation […]
continue readingTECHNI-V-AC is a privately owned company with 10 employees, located in Montreal, Québec. The acquisition will further strengthen Atlas Copco Vacuum Technique’s presence in Canada. “We have had a successful partnership with TECHNI-V-AC for many years”, said Geert Follens, Business Area President Vacuum Technique. “This acquisition is an opportunity to develop additional business in the Canadian market.” The […]
continue reading