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| Name | Symbol | Market | Type |
|---|---|---|---|
| Atlas Copco (PK) | USOTC:ATLKY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 18.26 | 18.14 | 18.32 | 0.00 | 13:37:07 |
From May 2022 to May 2024
By Dominic Chopping
STOCKHOLM--Swedish industrial tool maker Atlas Copco AB said Monday it has agreed to acquire the assets of Shandong Jinggong Pump Co., Ltd, a Chinese manufacturer of liquid ring vacuum pumps and systems.
Shandong Jinggong Pump, which operates under the brand name Chinco, was founded in 1998 and has 100 employees. It is headquartered in Zibo, in China's Shandong province and reported revenue of around $12 million in 2021.
The purchase price is not disclosed.
The acquisition is expected to close during the fourth quarter of 2022.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
June 27, 2022 03:14 ET (07:14 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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