Agency / Source: Atlas Copco AB

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Atlas Copco to Acquire European Distributor of Vacuum Equipment and Service Solutions - Atlas Copco has agreed to acquire Ehrler and Beck GmbH. The company is a distributor of vacuum equipment and vacuum services - Ehrler-Beck.com / AtlasCopco.com
Atlas Copco to Acquire European Distributor of Vacuum Equipment and Service Solutions

 

PRZOOM - /newswire/ - Stockholm, Sweden, 2020/11/04 - Atlas Copco has agreed to acquire Ehrler and Beck GmbH. The company is a distributor of vacuum equipment and vacuum services - Ehrler-Beck.com / AtlasCopco.com.

   
 
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Ehrler and Beck (ehrler-beck.com) is based in Renningen, Germany and has 15 employees. The company’s sales and service network is active in Germany and neighboring countries.

“This acquisition will increase our possibilities to serve Germany and neighboring countries with industrial vacuum products and services,” said Geert Follens, Business Area President Vacuum Technique. “Ehrler and Beck has a strong reputation and long tradition of serving diverse industrial markets such as packaging, printing, wood working, plastic and water treatment.”

The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.

The acquired business will operationally become part of the Industrial Vacuum Division within the Vacuum Technique Business Area.

The acquisition is expected to close in January 2021.

Atlas Copco Group

Great ideas accelerate innovation. At Atlas Copco (atlascopco.com) we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind.

In 2019, Atlas Copco had revenues of BSEK104 (BEUR 10) and at year end about 39 000 employees.

Contact: Daniel Althoff, Vice President Investor Relations
P: +46 8 743 9597 / +46 76 899 9597 - E: ir[.]atlascopco.com.

 
 
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Agency / Source: Atlas Copco AB

 
 

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Atlas Copco to Acquire European Distributor of Vacuum Equipment and Service Solutions

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Ehrler and Beck GmbH | Atlas Copco
Contact: Sara Liljedal - AtlasCopco.com 
+46 8 743 8060 / +46 72 144 1038 media[.]atlascopco.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Atlas Copco AB securities in any jurisdiction including any other companies listed or named in this release.

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