June 9, 2022
Nacka, Sweden, 9 June 2022: Atlas Copco has agreed to acquire National Vacuum Equipment Inc., a leading local US manufacturer of industrial vacuum pumps and packages for mobile use on tanker trucks.
National Vacuum Equipment Inc. is headquartered in Traverse City, Michigan, USA and has around 100 employees.
“The acquisition will add to our vacuum solutions portfolio, allowing us to enter the currently untapped mobile vacuum market,’’ said Geert Follens, Business Area President Vacuum Technique.
The purchase price is not disclosed.
National Vacuum will become part of the Industrial Vacuum Division, within the Vacuum Technique business area.
The acquisition is expected to close during Q3.
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.