Atlas Copco Acquires Edwards Group Ltd.

STOCKHOLM (Jan. 9, 2014) – Atlas Copco has acquired Edwards Group Ltd. Following the acquisition Edwards will be delisted from the NASDAQ stock exchange. Atlas Copco has initially paid Edwards shareholders USD 9.25 per share. Once Edwards’s audited 2013 income statement is final, an additional payment of up to USD 1.25 per share will be made, corresponding to a maximum total of USD 10.50 per share. Edwards’s 2013 income statement is estimated to be ready before the end of the first quarter of 2014. The acquired business is now part of Atlas Copco’s new Vacuum Solutions division in the Compressor Technique business area. Atlas Copco is an industrial group that works in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. Edwards is a provider of vacuum products and abatement solutions. The products and services function as a part of manufacturing processes for products like semiconductors and flat panel displays.