Atlas Copco has acquired an Italian condensate management manufacturer
March 2, 2022
Nacka, Sweden, March 2, 2022: Atlas Copco has acquired SCB S.r.l., an Italian manufacturer that develops, produces and distributes electronic condensate drains for the industrial market.
SCB S.r.l. is located in Villar San Costanzo, near Cuneo in Piedmont. They have 16 employees and are privately owned. In 2021 they had revenues of MEUR 5 (MSEK 51).
The company manufactures condensate drains for the industrial market, such as energy saving electronical drains, mechanical drains, timer drains and level-controlled drains. The products serve the compressed air and vacuum market by removing water from the air stream.
“SCB is a well-established company with many years of experience and a high level of expertise in condensate management,” said Vagner Rego, Business Area President Compressor Technique. “We have a long history of working with SCB and see many possibilities for accelerated growth in this area going forward.”
The purchase price is not disclosed.
SCB S.r.l. will become part of Walker Filtration which is part of the Medical Gas Solutions Division within the Compressor Technique business area.
For more information please contact:
- Daniel Althoff, Vice President Investor Relations
+46 76 899 9597
[email protected]
- Sara Hägg Liljedal, SVP Chief Communications Officer
+46 721 44 10 38
[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. In 2021, Atlas Copco had revenues of BSEK 111 and at year end about 43 000 employees.