Edwards shareholders approve acquisition by Atlas Copco
October 4, 2013
Stockholm, Sweden, October 4, 2013: At an extraordinary general meeting today, a needed majority of shareholders of Edwards Group Ltd. approved the merger agreement whereby Atlas Copco will acquire Edwards, a leading global supplier of vacuum and abatement solutions.
The acquisition of Edwards offers Atlas Copco, a leading provider of industrial sustainable productivity solutions, an opportunity to expand into a growing business which serves industries that are well-known to Atlas Copco. There are several synergies between vacuum and compressed air solutions in sales, service and technology development.
The transaction, which was first announced on August 19, 2013, and will be completed by way of a merger, remains subject to antitrust clearance. It is expected to close in the first quarter of 2014.
For more information, please visit: www.atlascopco.com/ir.
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