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Atlas Copco AB Acquires Synatec GmbH in Germany

Thursday, 19 Sep 2013 08:00pm EDT 

Atlas Copco AB announced that the Company has agreed to acquire Synatec GmbH, a Germany-based provider of products and solutions that improve flexibility and quality for manufacturing companies’ workplace operations, operator guidance, as well as data collection and analysis. The company has 120 employees. Synatec’s legal owner will be Atlas Copco Holding GmbH in Germany. Synatec will be part of Atlas Copco’s MVI Tools and Assembly Systems division in the Industrial Technique business area. The acquisition is expected to be finalized during the fourth quarter 2013. Financial details were not disclosed. 

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-3.3 -1.33%
30 Jan 2015