MICHIGAN CITY, Ind. - Atlas Copco is acquiring Dekker Vacuum Technologies, Inc. The company is a supplier of vacuum equipment and service solutions for industrial applications.
Dekker Vacuum Technologies, Inc., is based in Michigan City, Indiana and has approximately 70 employees. In 2019 Dekker Vacuum Technologies had revenues of approximately MUSD 23 (MSEK 217). Dekker has a 22 year history of supplying vacuum solutions to a broad range of industrial customers in the Midwest and across the USA.
“This acquisition will complement our existing portfolio in the liquid ring pump market and will enable us to serve more vacuum applications at our customers,” said Geert Follens, Business Area President Vacuum Technique. “The company has a strong reputation serving diverse industrial markets in North America”.
The transaction will close on Feb. 28. The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.
The acquired business will operationally become part of the Industrial Vacuum Division within the Vacuum Technique Business Area.
According to the News-Dispatch, Dekker will keep its name.
“It’s in this vacuum business that Dekker fits well, where Dekker fills in a gap on a certain technology which was not available within the Atlas Copco group,” Koen Lauwers, president of the company’s industrial division said.
“So, that technology will now become available. Of course, we have sales teams that are also selling other brands, but lacking the technology. So, Dekker will bring a complementary technology to the existing technology of the Atlas Copco group.”