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Atlas Copco Expands UK Operations with Acquisition of Northern Compressed Air

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Atlas Copco Expands UK Operations with Acquisition of Northern Compressed Air

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

Atlas Copco Group has expanded its operations in the UK by acquiring Northern Compressed Air Ltd., a company specializing in the sales, installation, and service of compressed air systems. This acquisition, which adds 15 employees to Atlas Copco, aims to enhance the company’s service capabilities in Yorkshire and the north of England, strengthening its position in the regional market.

The most recent analyst rating on ($SE:ATCO.A) stock is a Buy 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 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, Atlas Copco reported revenues of BSEK 177 and employed approximately 55,000 people worldwide.

Average Trading Volume: 4,217,835

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK772.7B

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

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