January 3, 2020
Stockholm, Sweden, January 3, 2020: Atlas Copco has completed the acquisition of Scheugenpflug AG. The company offers dispensing solutions including adhesive bonding and potting solutions, used in various industries. The acquisition was announced October 25, 2019.
Scheugenpflug AG has more than 600 employees and is based in Neustadt an der Donau near Munich. In 2018 Scheugenpflug AG had revenues of approximately 80 MEUR (MSEK 850). Scheugenpflug specializes in highly automated system solutions such as dispensing cells and vacuum potting chambers. The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed. The acquired business will become part of Atlas Copco’s Industrial Assembly Solutions division in the Industrial Technique business area.
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.