Atlas Copco completes acquisition of German manufacturer of mobile industrial vacuum and blower equipment

Nacka, Sweden, 2 February 2023: Atlas Copco has completed the acquisition of CVS Engineering GmbH, a German manufacturer of industrial vacuum pumps and blowers for mobile use on tanker trucks and other types of transport.

CVS Engineering GmbH (CVS Engineering) is headquartered in Rheinfelden, Germany, and has 76 employees. In 2021, the company had an annual revenue of approx. MEUR 20 (approx. MSEK 200*).

The purchase price is not disclosed.

CVS Engineering GmbH becomes part of the Industrial 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 2022, Atlas Copco Group had revenues of BSEK 141 and at year end about 49 000 employees. For more information, visit: www.atlascopcogroup.com