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ATLKY Atlas Copco (PK)

18.212
0.402 (2.26%)
03 May 2024 - Closed
Delayed by 15 minutes
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
  0.402 2.26% 18.212 18.01 18.30 18.26 18.0309 18.104 80,964 21:18:14

Atlas Copco Buys Chinese Manufacturer of Oxygen Generators

05/12/2022 8:29am

Dow Jones News


Atlas Copco (PK) (USOTC:ATLKY)
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From May 2022 to May 2024

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By Dominic Chopping

 

STOCKHOLM--Swedish industrial tool maker Atlas Copco AB said Monday it has acquired Shandong Meditech Medical Technology Co., a manufacturer of onsite oxygen generators for the healthcare market.

The company is privately owned and has 70 employees. It is based in Shandong province, China and has sales companies in Shanghai, Hong Kong and Australia.

Shandong Meditech had revenue of around 86 million Chinese yuan ($12.2 million) in 2021.

The purchase price wasn't disclosed.

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

December 05, 2022 03:14 ET (08:14 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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