Atlas Copco Completes Acquisition of German Calibration Specialist
By Business Wire News
By Business Wire News
Atlas Copco (STO:ATCOA) (STO:ATCOB), a leading provider of sustainable productivity solutions, has completed the acquisition of Kalibriercentrum Bayern, which specializes in calibration services.
Kalibriercentrum Bayern, which is headquartered near Munich with an additional laboratory in Kiel, Germany, has 27 employees and annual revenue of about MEUR 3 (MSEK 28). The company provides laboratory and field calibration and related services to customers in such industries as motor vehicle manufacturing and aerospace.
The acquired company becomes part of the Service division in Atlas Copco’s Industrial Technique business area.
Atlas Copco announced February 25, 2015 that it had agreed to acquire Kalibriercentrum Bayern.
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 service 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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