Atlas Copco AB (OM:ATCO A) agreed to acquire HHV Pumps Pvt. Ltd. on October 27, 2021. The acquired business will become part of the Industrial Vacuum Division within the Vacuum Technique Business Area. HHV Pumps Pvt. Ltd. has 151 employees In the year ended 2020, HHV Pumps Pvt. Ltd. reported a revenue of approximately INR 440 million. The acquisition is expected to close during the first quarter 2022. Anish Ghoshal and Pramod Gharge of Dua Associates advised Atlas Copco.
Atlas Copco AB (OM:ATCO A) completed the acquisition of HHV Pumps Pvt. Ltd on December 2, 2021.