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The latest update is out from Atlas Copco AB ( ($SE:ATCO.A) ).
Atlas Copco has acquired the assets of Air Compressor Works Inc., a Florida-based distributor of air compressor equipment and services whose customers are primarily general industry operators in South Florida. Founded in 1979, Air Compressor Works’ 50 employees will join Atlas Copco, and the business, which generated roughly USD 16 million in revenue in 2024, will be integrated into the service division of Atlas Copco’s Compressor Technique Business Area, strengthening the group’s regional presence and supporting the growth of its Quincy Compressor brand; financial terms of the deal were not disclosed.
The most recent analyst rating on ($SE:ATCO.A) stock is a Buy with a SEK162.00 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 industrial equipment supplier providing compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools, assembly systems and machine vision solutions. In 2024 the group generated revenues of SEK 177 billion and employed about 55,000 people worldwide, serving a broad range of industrial customers.
Average Trading Volume: 4,319,185
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK808.8B
See more insights into ATCO.A stock on TipRanks’ Stock Analysis page.