Atlas Copco Acquires Process Control Expert in U.K.
By Business Wire News
By Business Wire News
Atlas Copco (STO:ATCOA) (STO:ATCOB), a leading provider of sustainable productivity solutions, has acquired the assets of NJS Technologies Ltd., an engineering and sales company that specializes in process control systems for assembly operations.
NJS Technologies, commonly known as Pivotware, is based in Burton, near Birmingham, United Kingdom. It had revenue in 2014 of about MGBP 0.7 (MSEK 9). The privately-owned company provides error-proofing solutions for original equipment manufacturers and suppliers in the automotive and other industries. Atlas Copco is taking over seven employees.
“This acquisition is a strategic fit as it will expand our product and service offering to manufacturing customers globally,” said Mats Rahmström, President for Atlas Copco’s Industrial Technique business area. “We are looking forward to helping customers further increase their productivity through enhanced quality.”
The acquired business becomes part of the Chicago Pneumatic Tools division in Atlas Copco’s Industrial Technique business area.
For more information about NJS Technologies, please see www.pivotware.com.
Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2014, Atlas Copco had revenues of BSEK 94 (BEUR 10.3) and more than 44 000 employees. Learn more at www.atlascopco.com.
Atlas Copco’s Industrial Technique business area provides industrial power tools and systems, industrial assembly solutions, quality assurance products, software and service through a global network. The business area innovates for sustainable productivity for customers in the automotive and general industries, maintenance and vehicle service. Principal product development and manufacturing units are located in Sweden, Germany, the United States, United Kingdom, France and Japan.
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Mats Rahmström, Business Area President, Industrial Technique
+46 8 743 8000
Ola Kinnander, Media Relations Manager
+46 8 743 8060 or +46 70 347 2455