Chinese leak detector manufacturer has become part of Atlas Copco Group
Nacka, Sweden, September 3, 2024: The acquisition of Anhui NOY Technologies Co. Ltd., (“NOY”) has been completed. NOY manufactures helium leak detectors for use mainly in the Chinese market.
NOY is headquartered at its manufacturing location in Hefei City, Anhui Province, China. The company has 78 employees and in 2023 had revenues of 121 MCNY * (approx. MSEK 178).
The purchase price is not disclosed.
The company has become part of the Scientific Vacuum Division within the Vacuum Technique Business Area.
*Based on the average exchange rate in 2023.
For more information please contact:
Christina Malmberg Hägerstrand, Media Relations Manager
+46 72 855 93 29
media@atlascopco.com
Daniel Althoff, Vice President Investor Relations
+46 76 899 9597
ir@atlascopco.com
About Atlas Copco Group:
Atlas Copco Group enables technology that transforms the future. We innovate to develop products, services and solutions that are key to our customers’ success. Our four business areas offer compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools and assembly and machine vision solutions. In 2023, the Group had revenues of BSEK 173, and at year end about 53 000 employees. www.atlascopcogroup.com