Nacka, Sweden, 21 Nov 2022: Atlas Copco has completed the acquisition of Montana Instruments Corporation, which was announced in August. The company provides cryostat solutions for customers involved in physics research and low temperature technology solutions.
Atlas Copco completes acquisition of a US based cryostat manufacturer
November 21, 2022
Montana Instruments Corporation is a privately owned company with 38 employees, located in Bozeman, Montana, USA. In 2021, the company had revenues of approximately MUSD 12 (MSEK 106*).
The purchase price is not disclosed.
The company will become part of the Scientific Vacuum division within the Vacuum Technique Business Area.
*Based on the average exchange rate in 2021.
For more information please contact:
- Daniel Althoff, Vice President Investor Relations
+46 76 899 9597
[email protected]
- Amanda Billner, Media Relations Manager
+46 73 58 25 670
[email protected]
Atlas Copco Group
Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind. In 2021, Atlas Copco had revenues of BSEK 111 and at year end about 43 000 employees.
20221121 Atlas Copco completes acquisition of a US based cryostat manufacturer
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