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March 1, 2018
Stockholm, Sweden, March 1, 2018: Atlas Copco, a leading provider of sustainable productivity solutions, has acquired Walker Filtration Ltd. The company is a British manufacturer of equipment for the treatment of compressed air, gas and vacuum.
The family-owned Walker Filtration is based in the northeast of England. The company manufactures high-efficiency equipment for the treatment of compressed air, gas and vacuum. It has around 220 employees worldwide and revenues of approximately MGBP 30 (MSEK 330) in 2017. Walker Filtration has sales offices in Europe, USA, Australia and Japan.
"Walker Filtration is a respected company with a strong brand name and product portfolio that will play an important role to increase our presence and competence in the business of equipment for the treatment of compressed air, gas and vacuum," said Vagner Rego, Business Area President Compressor Technique.
The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.
The business will be part of the Medical Gas division in the Compressor Technique business area. To learn more about Walker Filtration, please see https://www.walkerfiltration.co.uk/.
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 2017, Atlas Copco had revenues of BSEK 116 (BEUR 12) and about 47 000 employees.