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    ATCO A   SE0011166610

ATLAS COPCO AB

(ATCO A)
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Atlas Copco has acquired an Italian compressed air distributor located near Turin

11/09/2021 | 02:31am EST

Nacka, Sweden, November 9, 2021: Atlas Copco has acquired S.T.E.R.I. srl (STERI), an Italian compressor distributor and service provider located in the Turin area.  

STERI has 19 employees and mainly serves a wide range of local industrial companies in the Piedmont and Valle d'Aosta regions in Italy. The product range includes compressors, filters, and ancillary equipment.

"STERI has a strong market presence and customer base in the northwest of Italy", said Vagner Rego, Business Area President Compressor Technique. "Through this acquisition we will continue to build on our market presence in the industrial north of Italy".

The purchase price is not material relative to Atlas Copco's market capitalization and is not disclosed.

The business will become part of the Compressor Technique Service division within the Compressor Technique Business Area.

For more information please contact:
Daniel Althoff, Vice President Investor Relations
+46 76 899 9597 
ir@atlascopco.com

Sara Liljedal, Media Relations Manager
 +46 72 144 1038
media@atlascopco.com

Atlas Copco Group
Our industrial ideas empower our customers to grow and drive society forward. This is how we create a better tomorrow. Atlas Copco is a global industrial group, founded in 1873 in Stockholm. In 2020 we had revenues of BSEK100 (BEUR 10) and at year end about 40 000 employees. For more information: www.atlascopcogroup.com
 

https://news.cision.com/atlas-copco/r/atlas-copco-has-acquired-an-italian-compressed-air-distributor-located-near-turin,c3449188

https://mb.cision.com/Main/90/3449188/1492852.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Sales 2021 111 B 12 064 M 12 064 M
Net income 2021 18 273 M 1 988 M 1 988 M
Net Debt 2021 7 037 M 766 M 766 M
P/E ratio 2021 38,3x
Yield 2021 1,37%
Capitalization 673 B 73 302 M 73 213 M
EV / Sales 2021 6,13x
EV / Sales 2022 5,28x
Nbr of Employees 42 066
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Mean consensus HOLD
Number of Analysts 25
Last Close Price 578,80 SEK
Average target price 579,63 SEK
Spread / Average Target 0,14%
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Mats Rahmstr÷m President, Chief Executive Officer & Director
Peter Kinnart Chief Financial Officer & Senior Vice President
Hans Torgny Strňberg Chairman
Johan Patrik Lennart Forssell Independent Director
Peter ┼ke Wallenberg Independent Director
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