Atlas Copco closes acquisition of Saltus-Werk
Stockholm, Sweden, May 2, 2013: Atlas Copco has closed the acquisition of the assets of Saltus-Werk Max Forst GmbH, a manufacturer of mechanical and electric torque solutions based in Germany.Founded in 1919, Saltus has about 65 employees and had revenues in 2012 of about MEUR 8 (MSEK 70). The company manufactures and sells a wide range of products for quality assurance in tightening, including mechanical, mechatronic and electronic wrenches as well as special sockets. The acquired business will be part of Atlas Copco’s Industrial Technique business area. Atlas Copco announced on