Atlas Copco Expands with Acquisition of Air Mac’s Compressed Air Business

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

Atlas Copco Group has expanded its operations by acquiring the compressed air business of Air Mac Inc., located in Dallas and Oklahoma City. This acquisition, which adds 40 employees to Atlas Copco, aims to enhance the company’s market presence in the region and integrate the business into its Compressor Technique Business Area, which reported revenues of 17 MUSD in 2024.

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-driven solutions that transform the future. The company focuses on innovating products, services, and solutions across 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: 6,156,754

Current Market Cap: SEK734.5B

See more insights into ATCO.A stock on TipRanks’ Stock Analysis page.