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Atlas Copco AB ( ($SE:ATCO.A) ) just unveiled an announcement.
Atlas Copco Group has completed the acquisition of National Tank & Equipment, LLC (NTE), a specialty rental company based in Houston, Texas, with 349 employees. NTE provides fluid transfer and storage solutions, serving sectors such as energy, infrastructure construction, and mining. This acquisition enhances Atlas Copco’s Specialty Rental division within its Power Technique Business Area, potentially strengthening its market position in the US rental services industry.
The most recent analyst rating on ($SE:ATCO.A) stock is a Buy with a SEK175.00 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 enhance the future. The company focuses on developing innovative 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, Atlas Copco reported revenues of BSEK 177 and employed approximately 55,000 people worldwide.
Average Trading Volume: 4,088,360
Technical Sentiment Signal: Hold
Current Market Cap: SEK748.6B
For a thorough assessment of ATCO.A stock, go to TipRanks’ Stock Analysis page.