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September 1, 2016
Stockholm, Sweden, September 1, 2016: Atlas Copco, a leading provider of sustainable productivity solutions, has completed the acquisition of the Leybold vacuum business.
Leybold is headquartered in Cologne, Germany, has about 1600 employees, and had revenues in 2015 of MEUR 340 (MSEK 3 150). The agreement to acquire Leybold was announced on November 20, 2015. The purchase price was based on an enterprise value of MEUR 486 (MSEK 4 520).
The seller is OC Oerlikon Corporation AG, based in Switzerland.
Leybold's vacuum solutions are used to create clean, particle-free environments for such applications as automotive, metallurgy, coating of microchips, and the manufacturing of analytical instruments.
See here a brief interview with Atlas Copco President and CEO Ronnie Leten about the Leybold acquisition.
Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2015, Atlas Copco had revenues of BSEK 102 (BEUR 11) and more than 43 000 employees.