Atlas Copco AB (OM:ATCO A) agreed to acquire Cryopump Service and Distribution business of ZEUS on January 31, 2023. The CTI and Polycold products are cryogenic vacuum pumps and refrigeration systems used in semiconductor manufacturing and general vacuum applications. The business will become part of the Semiconductor Service Division within the Vacuum Technique Business Area, operating under the Edwards brand.

The acquisition is subject to regulatory approval and is expected to close during the second quarter of 2023.