December 21, 2020
Nacka, Sweden, December 21, 2020: With all regulatory approvals obtained, Atlas Copco has completed the acquisition of Perceptron that was announced September 28[th], 2020. Perceptron is a leading supplier of automated metrology solutions headquartered in Plymouth, Michigan, USA
Perceptron has approximately 300 employees. In the fiscal year 2020, ending June 30, Perceptron had revenues of MUSD 62.3 (MSEK 516).
Atlas Copco paid USD 7.00 per share, corresponding to an enterprise value of MUSD 60.8 (MSEK 504), including MUSD 8.2 (MSEK 68) of assumed net cash on hand.
The acquisition is an all-cash transaction utilizing Atlas Copco’s existing funds.
Through Perceptron’s position in automated metrology and vision systems for robot guidance, together with the recent acquisition of ISRA VISION, Atlas Copco is creating a strong offering in machine vision solutions. The customers will receive an increased support in their transition towards smart manufacturing and flexible automation.
Following the completion of the closing, Perceptron becomes a wholly owned subsidiary of Atlas Copco and a part of Atlas Copco’s newly created division Machine Vision Solutions within the Industrial Technique business area. The common stock will no longer be publicly traded and will be delisted from the Nasdaq Global Market.
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. In 2019, Atlas Copco had revenues of BSEK104 (BEUR 10) and at year end about 39 000 employees.