Atlas Copco to acquire US-based manufacturer of process equipment for the semiconductor industry
Nacka, Sweden, March 17, 2022: Atlas Copco has agreed to acquire the assets of Ceres Technologies, Inc., a US-based manufacturer and designer of gas and vapour delivery equipment for the semiconductor industry.The acquisition includes assets of two affiliates, North Park Metalworkers, Inc. and Peak Precision Technologies, Inc. In 2021 they had revenues of approximately MUSD 41 (MSEK 351). The acquired companies have around 185 employees. Ceres Technologies, Inc. was founded in 2011 and is located in the Hudson Valley, New York area. As well as providing gas and vapour delivery equipment