Atlas Copco completes acquisition of Synatec
Stockholm, Sweden, October 14, 2013: Atlas Copco, a leading provider of sustainable productivity solutions, has closed the acquisition of Synatec, which provides quality improvement solutions mainly to the automotive industry.
The acquired business is now part of Atlas Copco’s MVI Tools and Assembly Systems division in the Industrial Technique business area. Atlas Copco announced on September 20, 2013, that it had agreed to purchase Synatec.
For further information please contact:
- Mats Rahmström, Business Area President, Industrial Technique +46 (0)8 743 8505
- Ola Kinnander, Media Relations Manager +46 (0)8 743 8060 or +46 (0)70 347 2455
Atlas Copco’s Industrial Technique business area provides industrial power tools, assembly systems, quality assurance products, software and services through a global network. It innovates for sustainable productivity for customers in the automotive and aerospace industries, industrial manufacturing and maintenance, and in vehicle service. Principal product development and manufacturing units are located in Sweden, France and Japan.