Atlas Copco AB Acquires Spanish Compressor Manufacturer ABC Compressors
Atlas Copco AB, a Swedish industrial company, has announced the acquisition of Spanish compressor manufacturer ABC Compressors. The acquisition is expected to be completed in the third quarter of 2025.
Acquisition Details
- Revenue generated by ABC Compressors in 2024: approximately 961 million kronor
- Number of new employees to be added: 319
- Expected completion date: third quarter of 2025
The acquisition is seen as a strategic expansion of Atlas Copco’s product offerings and geographic presence.
Market Reaction
Atlas Copco’s stock price has been affected by the acquisition, with some analysts revising their price targets upwards. However, the company’s stock price has also been influenced by broader market trends, with some of its US competitors experiencing fluctuations in their stock prices.
- Current price target: 176.40 kronor (maintained by some analysts)
- Analyst rating: “hold” (maintained by some analysts)
Impact on Atlas Copco
The acquisition of ABC Compressors is seen as a positive development for Atlas Copco, expanding its product portfolio and increasing its presence in the global market.