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Agency / Source: Atlas Copco AB

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Atlas Copco to Acquire A Korean Semiconductor Valve Manufacturer - Atlas Copco has agreed to acquire Presys Co., Ltd The company provides vacuum valves for the semiconductor market - Presys.gabia.io / AtlasCopco.com
Atlas Copco to Acquire A Korean Semiconductor Valve Manufacturer

 

NewswireTODAY - /newswire/ - Nacka, Sweden, 2023/10/30 - Atlas Copco has agreed to acquire Presys Co., Ltd The company provides vacuum valves for the semiconductor market - Presys.gabia.io / AtlasCopco.com.

   
 
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Presys Co., Ltd is a privately owned company with 134 employees, located in Suwon, Republic of Korea. In 2022, the company had revenues of approximately MKRW 35,000 (MSEK 275*).

“Presys’ products are well known within the Korean semiconductor market,” said Geert Follens, Business Area President Vacuum Technique. “They manufacture transfer and isolation vacuum valves that are highly complementary to our current semiconductor product portfolio.”

The purchase price is not disclosed. The acquisition is subject to regulatory approval and is expected to close during the first quarter of 2024.

The business will become part of the Semiconductor Chamber Solutions Division within the Vacuum Technique Business Area.

*Based on the average exchange rate in 2022.

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 2022, Atlas Copco Group had revenues of BSEK 141 and at year end about 49 000 employees.

Contact: Daniel Althoff, Vice President Investor Relations
P: +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 A Korean Semiconductor Valve Manufacturer

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Presys Co., Ltd | Atlas Copco Group
Contact: Amanda Billner - AtlasCopco.com 
+46 73 58 25 670 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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