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February 2, 2023
Nacka, Sweden, 2 February 2023: Atlas Copco has completed the acquisition of CVS Engineering GmbH, a German manufacturer of industrial vacuum pumps and blowers for mobile use on tanker trucks and other types of transport.
CVS Engineering GmbH (CVS Engineering) is headquartered in Rheinfelden, Germany, and has 76 employees. In 2021, the company had an annual revenue of approx. MEUR 20 (approx. MSEK 200*).
The purchase price is not disclosed.
CVS Engineering GmbH becomes part of the Industrial Vacuum Division within the Vacuum Technique business area.
*Based on the average exchange rate in 2021.
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 2022, Atlas Copco Group had revenues of BSEK 141 and at year end about 49 000 employees.