Atlas Copco Acquires Swedish Distributor Itsab AB

Atlas Copco AB ( ($SE:ATCO.A) ) just unveiled an update.

Atlas Copco Group has announced the acquisition of Itsab AB, a Swedish distributor of compressors and power equipment, to enhance its service capabilities in northern Sweden. This strategic acquisition, expected to conclude in the third quarter of 2025, will integrate Itsab’s 21 employees into Atlas Copco’s Compressor Technique and Power Technique Business Areas, strengthening the company’s regional presence and expertise in servicing the mining, construction, and general industry sectors.

The most recent analyst rating on ($SE:ATCO.A) stock is a Buy with a SEK167.00 price target. To see the full list of analyst forecasts on Atlas Copco AB stock, see the SE:ATCO.A Stock Forecast page.

More about Atlas Copco AB

Atlas Copco Group is a global leader in providing technology that transforms the future, focusing on innovation to develop products, services, and solutions crucial for customer success. The company operates in four main business areas: compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, and industrial power tools and assembly and machine vision solutions. In 2024, the Group reported revenues of BSEK 177 and employed approximately 55,000 people.

Average Trading Volume: 6,162,006

Current Market Cap: SEK713.3B

See more data about ATCO.A stock on TipRanks’ Stock Analysis page.