NewswireToday - /newswire/ -
Stockholm, Sweden, 2011/10/07 - Atlas Copco has completed the acquisition of the German adhesive equipment manufacturer SCA Schucker, following all necessary governmental approvals - AtlasCopco.com.
SCA Schucker manufactures adhesive and sealant equipment, a relatively large niche segment with few global specialized players. The market is expanding fast due to the increasing use of lightweight materials in the automotive and other industries. The company had sales of MEUR 65 (MSEK 600) in 2010 and about 280 employees.
The acquired business now operates as a separate business line within the business area Industrial Technique’s Motor Vehicle Industry division.
For further information please contact:
• Mats Rahmström, Business Area President, Industrial Technique
T: +46 (0)8 743 9350 or +46 (0)70 889 9350
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 2010, Atlas Copco had 33 000 employees and revenues of BSEK 70 (BEUR 7.3).
Atlas Copco’s Industrial Technique business area provides industrial power tools, assembly systems, quality assurance products, software and services through a global network. It innovates for sustainable productivity for customers in the automotive and aerospace industries, industrial manufacturing and maintenance, and in vehicle service. Principal product development and manufacturing units are located in Sweden, France and Japan.