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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 to Buy South Korean Cryopump Service and Distribution Business

31/01/2023 9:09am

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--Swedish industrial tool maker Atlas Copco AB said Tuesday it has agreed to acquire the cryopump service and distribution business of Zeus Co.

The business unit that Atlas Copco is acquiring from Zeus is located in Gyeonggi-do, south of Seoul, and has 59 employees. It had revenue of around 15 billion Korean won ($12.2 million) in 2021.

The purchase price wasn't disclosed.

The acquisition is subject to regulatory approval and is expected to close during the second quarter of 2023.

 

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

 

(END) Dow Jones Newswires

January 31, 2023 03:54 ET (08:54 GMT)

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

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