Atlas Copco completes acquisition of remaining stake in Taiwanese exhaust management business
Stockholm, Sweden, June 1, 2017: Atlas Copco, a leading provider of sustainable productivity solutions, has completed the acquisition of the remaining stake in CSKT Inc., a joint venture in Taiwan that sells and services gas abatement and chemical delivery systems.Atlas Copco acquired a 55% stake in CSKT with the acquisition in 2016 of CSK Inc., the South Korean exhaust management company. Atlas Copco has now acquired the remaining 45%. Atlas Copco announced on April 20, 2017, the agreement to acquire the stake. The purchase price is not material relative to Atlas Copco’s market