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Atlas Copco acquires Air Way Automation to strengthen Industrial Technique's offering in automation

Nov 04, 2024

Acquiring Company

Atlas Copco

Acquired Company

Air Way Automation

StockholmGraylingManufacturingEnergyOil And GasConstructionManufacturingAutomotive

Description

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.

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Company Information

Company

Atlas Copco

Location

Stockholm, Stockholm County, Sweden

About

Atlas Copco Group enables technology that transforms the future. We innovate to develop products, services and solutions that are key to our customers’ success. Our four business areas offer compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools and assembly and machine vision solutions.

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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.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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