Regulatory approvals obtained for Atlas Copco’s acquisition of Brooks’ Semiconductor Cryogenics Business
June 18, 2019
Stockholm, Sweden, June 18, 2019: All regulatory approvals have been obtained forthe acquisition of Brooks’ Semiconductor Cryogenics Business. The acquisition was announced on August 27, 2018 and is expected to close on or about July 1, 2019.
Brooks Automation, Inc. is listed on the Nasdaq Stock Exchange. As previously announced, Atlas Copco has agreed to acquire the cryogenic segment of the company. The cryogenic business of Brooks Automation is a market leader in advanced cryo pumps and cryo chillers for the semiconductor and related industries through its CTI-Cryogenics and Polycold product lines. The acquired business will significantly expand Atlas Copco’s technology offering to customers in the semiconductor and general vacuum industries through the Edwards business, a brand in the Atlas Copco Group.
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Atlas Copco Group Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind. Atlas Copco is based in Stockholm, Sweden with customers in more than 180 countries and about 37 000 employees. Revenues of BSEK 95/BEUR 9 in 2018.