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Atlas Copco AB ( ($SE:ATCO.A) ) has provided an update.
Atlas Copco AB has announced the acquisition of National Tank & Equipment, LLC (NTE), a specialty rental company based in Houston, Texas, which provides fluid transfer and storage solutions. This acquisition marks Atlas Copco’s entry into the specialty dewatering market in the USA, enhancing its portfolio of rental solutions. The acquisition, which is subject to regulatory approval, is expected to be finalized in the third quarter of 2025 and will integrate NTE into the Specialty Rental division within the Power Technique Business Area.
The most recent analyst rating on ($SE:ATCO.A) stock is a Hold with a SEK200.00 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 technology company that innovates to develop products, services, and solutions crucial for customer success. It operates in four 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 company had revenues of BSEK 177 and employed about 55,000 people.
Average Trading Volume: 4,959,563
Technical Sentiment Signal: Hold
Current Market Cap: SEK717.6B
Learn more about ATCO.A stock on TipRanks’ Stock Analysis page.