Atlas Copco completes acquisition of European distributor of vacuum equipment and service solutions
Nacka, Sweden, January 7, 2021: Atlas Copco has completed the acquisition of Ehrler & Beck GmbH that was announced November 4th, 2020. The company is a distributor of vacuum equipment and vacuum services.
Ehrler & Beck is based in Renningen, Germany and has 15 employees. The company’s sales and service network is active in Germany and neighboring countries.
The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.
The acquired business will operationally become part of the Industrial Vacuum Division within the Vacuum Technique Business Area.
For more information please contact:
Daniel Althoff, Vice President Investor Relations
+46 8 743 9597 or +46 76 899 9597
Sara Liljedal, Media Relations Manager
+46 8 743 8060 or +46 72 144 1038
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 2019, Atlas Copco had revenues of BSEK104 (BEUR 10) and at year end about 39 000 employees. For more information: www.atlascopcogroup.com