Atlas Copco to acquire a Korean semiconductor valve manufacturer
October 30, 2023
Nacka, Sweden, October 30: Atlas Copco has agreed to acquire Presys Co., Ltd. The company provides vacuum valves for the semiconductor market.
Presys Co., Ltd. is a privately owned company with 134 employees, located in Suwon, Republic of Korea. In 2022, the company had revenues of approximately MKRW 35,000 (MSEK 275*).
“Presys’ products are well known within the Korean semiconductor market,” said Geert Follens, Business Area President Vacuum Technique. “They manufacture transfer and isolation vacuum valves that are highly complementary to our current semiconductor product portfolio.”
The purchase price is not disclosed. The acquisition is subject to regulatory approval and is expected to close during the first quarter of 2024.
The business will become part of the Semiconductor Chamber Solutions Division within the Vacuum Technique Business Area.
*Based on the average exchange rate in 2022.
For more information please contact:
- Daniel Althoff, Vice President Investor Relations
+46 76 899 9597
[email protected]
- Amanda Billner, Media Relations Manager
+46 73 58 25 670
[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 2022, Atlas Copco Group had revenues of BSEK 141 and at year end about 49 000 employees.