Atlas Copco Acquires British Company Walker Filtration Ltd
Atlas Copco, a leading provider of sustainable productivity solutions, has acquired Walker Filtration Ltd. The company is a British manufacturer of equipment for the treatment of compressed air, gas and vacuum.
The family-owned Walker Filtration is based in Washington, near Newcastle, in the northeast of England. The company’s headquarters and 12,000 m² main manufacturing plant is based there, from where it manufactures high-efficiency equipment for the treatment of compressed air, gas and vacuum. It has around 220 employees worldwide and revenues of approximately MGBP 29 (MSEK 330) in 2017. Walker Filtration has sales offices in Europe, USA, Australia and Japan.
“Walker Filtration is a respected company with a strong brand name and product portfolio that will play an important role to increase our presence and competence in the business of equipment for the treatment of compressed air, gas and vacuum,” said Vagner Rego, Business Area President Compressor Technique.
The purchase price is not material relative to Atlas Copco’s market capitalisation and is not disclosed. The business, which will continue to operate under the brand name Walker Filtration, will be part of the Medical Gas division in the Compressor Technique business area.