NewswireToday - /newswire/ -
Stockholm, Sweden, 2014/01/09 - The acquisition by Atlas Copco, a leading provider of sustainable productivity solutions, of Edwards Group Ltd, has received antitrust clearance from all relevant authorities. Atlas Copco expects to close the acquisition later today - AtlasCopco.com.
Edwards, headquartered in the United Kingdom, is a technology and market leader in sophisticated vacuum products and abatement solutions with more than 90 years’ experience. The products and services are integral to manufacturing processes, such as for semiconductors and flat panel displays, and are used within an increasingly diverse range of industrial applications.
Atlas Copco announced on August 19, 2013 that it had agreed to purchase Edwards.
Contact: Mattias Olsson, Vice President Investor Relations
P: +46(0)8 743 8295 / +46 (0)72 729 8295 - E: ir[.]se.atlascopco.com.
Atlas Copco discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. Atlas Copco (atlascopco.com) is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2012, Atlas Copco had 39 800 employees and revenues of BSEK 90.5 (BEUR 10.5).
Atlas Copco’s Compressor Technique business area provides industrial compressors, vacuum solutions, gas and process compressors and expanders, air and gas treatment equipment and air management systems. It has a global service network and offers specialty rental services. Compressor Technique innovates for sustainable productivity in the manufacturing, oil and gas, and process industries. Principal product development and manufacturing units are located in Belgium, Germany, the United States, China and India.