Atlas Copco acquires Air Way Automation to strengthen Industrial Technique's offering in automation
Acquiring Company
Atlas Copco
Acquired Company
Air Way Automation
Stockholm
GraylingManufacturingEnergyOil And GasConstructionManufacturingAutomotiveDescription
Atlas Copco, a leading engineering company, has successfully acquired Air Way Automation, a Michigan-based company with sales of approximately SEK 370 million. This strategic acquisition further strengthens Atlas Copco's Industrial Technique division, enhancing its capabilities in automation solutions.
Quick answer
Atlas Copco is acquiring Air Way Automation, announced November 4, 2024. Atlas Copco is based in Stockholm, Stockholm County, Sweden.
- How much did Atlas Copco pay for Air Way Automation?
- The deal value was not disclosed.
- What does Atlas Copco do?
- Atlas Copco Group enables technology that transforms the future.
- Where are Atlas Copco and Air Way Automation based?
- Atlas Copco is based in Stockholm, Stockholm County, Sweden. Air Way Automation is based in Grayling, Michigan, United States.
- Who are the decision-makers at Atlas Copco?
- Fundz holds 5 contacts at Atlas Copco. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Air Way Automation?
Air Way Automation was acquired by Atlas Copco, based in Stockholm. The deal was reported on November 4, 2024. Atlas Copco Group enables technology that transforms the future. We innovate to develop products, services and solutions that are key to our customers’ success. Atlas Copco is privately held and operates in Manufacturing.
When did Atlas Copco acquire Air Way Automation?
Atlas Copco's acquisition of Air Way Automation was reported on November 4, 2024. Atlas Copco, a leading engineering company, has successfully acquired Air Way Automation, a Michigan-based company with sales of approximately SEK 370 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Air Way Automation do?
Air Way Automation is an American company based in Michigan, specializing in providing automated bolt feeding solutions to the general and automotive industries. It is privately held, operating in Manufacturing, and is based in Grayling.
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