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ATLKY Atlas Copco (PK)

17.085
0.105 (0.62%)
26 Jul 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
  0.105 0.62% 17.085 17.06 17.15 17.17 17.05 17.09 128,773 21:03:05

Atlas Copco Buys US Provider of Vacuum Pump Services

15/03/2023 8:47am

Dow Jones News


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

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By Dominic Chopping

 

STOCKHOLM--Atlas Copco AB said late Tuesday that it has agreed to acquire Trillium U.S. Inc., a provider of vacuum pump services to semiconductor and general vacuum customers.

The Swedish industrial tool maker said Trillium also has a small manufacturing business focused on piston and cryogenic pumps.

Privately-owned Trillium is headquartered in Clackamas, Oregon, with additional sites in Hamburg, New Jersey, and Austin, Texas. It has around 140 employees.

In 2022, the company had revenues of around $27 million.

The purchase price wasn't disclosed.

Atlas Copco expects the acquisition to be completed during the second quarter of 2023.

 

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

 

(END) Dow Jones Newswires

March 15, 2023 04:32 ET (08:32 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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