Atlas Copco is acquiring a US supplier of vacuum equipment and service solutions
February 28, 2020
Atlas Copco is acquiring Dekker Vacuum Technologies, Inc. The company is a supplier of vacuum equipment and service solutions for industrial applications.
Dekker Vacuum Technologies, Inc., is based in Michigan City, Indiana and has approximately 70 employees. In 2019 Dekker Vacuum Technologies had revenues of approximately MUSD 23 (MSEK 217). Dekker has a 22 year history of supplying vacuum solutions to a broad range of industrial customers in the Midwest and across the USA.
“This acquisition will complement our existing portfolio in the liquid ring pump market and will enable us to serve more vacuum applications at our customers,” said Geert Follens, Business Area President Vacuum Technique. “The company has a strong reputation serving diverse industrial markets in North America”.
The transaction will close on February 28. The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.
The acquired business will operationally become part of the Industrial Vacuum Division within the Vacuum Technique Business Area.
For more information please contact:
- Sara Liljedal, Media Relations Manager +46 8 743 8060 or +46 72 144 1038 [email protected]
- Daniel Althoff, Vice President Investor Relations +46 8 743 9597 or +46 76 899 9597 [email protected]
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 95/9 BEUR in 2018.