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Atlas Copco completed the acquisition of Isra Vision for $1.2bn.

Synopsis

Atlas Copco, a Swedish industrial company, completed the acquisition of Isra Vision, a manufacturer of solutions in the machine vision and industrial image processing sector, for $1.2bn. The price represents a premium of 43% to the closing share price of February 7, 2020. "Surface inspection and 3D machine vision are part of Atlas Copco’s long-term strategy. ISRA VISION has a strong brand and market position, a highly regarded technological expertise as well as a solid financial track record. Through this partnership we will increase the support for our customers on their transition towards digital manufacturing in several segments. The ability to offer both joining technologies and machine vision solutions for the same application strengthens our position as a strategic partner for our customers in the future," Henrik Elmin, Atlas Copco Business Area President Industrial Technique.

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