Atlas Copco Group has complemented industrial pumps portfolio with external gear pumps manufacturer
January 3, 2024
Nacka, Sweden, January 03, 2024: KRACHT GmbH (Kracht), a manufacturer of high-quality technologies including external gear pumps, fluid measurement, valves, hydraulic drives, and dosing systems has become part of Atlas Copco Group.
Kracht was founded in 1911 and has its headquarters in Werdhol, Germany. The company has subsidiaries in US, China and Hungary, and approximately 440 employees. In 2022, Kracht had revenues of approximately 72 MEUR (766 MSEK*).
The purchase price is not disclosed. The acquisition was announced December 4th 2023 and is now closed. The business has become part of the Power and Flow Division within the Power Technique business area.
*Based on the average exchange rate in 2022.
For more information, please contact:
- Sara Hägg Liljedal, SVP Chief Communications Officer
+46 72 144 10 38
[email protected]
- Daniel Althoff, Vice President Investor Relations
+46 76 899 95 97
[email protected]
About Atlas Copco Group:
Atlas Copco Group enables technology that transforms the future. We innovate to develop products, services and solutions that are key to our customers’ success. Our four business areas offer compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools and assembly and machine vision solutions.
In 2022, the Group had revenues of BSEK 141, and 49 000 employees.