Atlas Copco completes acquisition of a US based cryostat manufacturer

Nacka, Sweden, 21 Nov 2022: Atlas Copco has completed the acquisition of Montana Instruments Corporation, which was announced in August. The company provides cryostat solutions for customers involved in physics research and low temperature technology solutions. 

Montana Instruments Corporation is a privately owned company with 38 employees, located in Bozeman, Montana, USA. In 2021, the company had revenues of approximately MUSD 12 (MSEK 106*).

The purchase price is not disclosed.

The company will become part of the Scientific Vacuum division within the Vacuum Technique Business Area.  

*Based on the average exchange rate in 2021.

For more information please contact:
Daniel Althoff, Vice President Investor Relations
+46 76 899 95 97 
ir@atlascopco.com

Amanda Billner, Media Relations Manager 
+46 73 582 56 70
media@atlascopco.com

Atlas Copco Group
Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind. In 2021, Atlas Copco had revenues of BSEK 111 and at year end about 43 000 employees. For more information: www.atlascopcogroup.com