Announced
Financials
Tags
self-service solutions
Acquisition
Pending
Single Bidder
Majority
Germany
vacuum products
Private
Friendly
Consumer Services: Other
Cross Border
Synopsis
Atlas Copco, an international industrial group, agreed to acquire Ehrler and Beck, a European distributor of vacuum equipment and service solutions. Financial terms were not disclosed. The acquisition is expected to close in January 2021. “This acquisition will increase our possibilities to serve Germany and neighboring countries with industrial vacuum products and services. Ehrler and Beck has a strong reputation and long tradition of serving diverse industrial markets such as packaging, printing, wood working, plastic and water treatment," Geert Follens, Atlas Copco Business Area President.
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