Atlas Copco, a Swedish industrial group, agreed to acquire Eurochiller, an Italian manufacturer and distributor of industrial cooling equipment and related products. The acquisition is expected to be completed during the second quarter of 2019. The company will become part of the Oil-free Air division within the Compressor Technique business area. Financial terms were not disclosed. "Acquiring Eurochiller with its great team and high-quality products will complement our existing product portfolio and allow us to further increase the productivity of our customers," said Vagner Rego, Business Area President Compressor Technique.