Atlas Copco to acquire a Chinese manufacturer of industrial vacuum pumps and systems
Nacka, Sweden, June 27, 2022: Atlas Copco has agreed to acquire the assets of Shandong Jinggong Pump Co., Ltd. The company develops and manufactures liquid ring vacuum pumps and systems, mainly used in the chemical and other general industries.Shangdong Jinggong Pump, which operates under the brand name Chinco, was founded in 1998 and has 100 employees. The headquarter is located in Zibo, in China’s Shandong province. In 2021, the company had revenues of approximately MUSD 12 (MSEK 102). "Shangdong Jinggong Pump is an agile company with a strong manufacturing setup and high-quality