Atlas Copco Completes Acquisition of Edwards Group

13.01.2014

Atlas Copco has closed the acquisition of Edwards Group Ltd., headquartered in the United Kingdom.

Edwards is a technology and market leader in sophisticated vacuum products and abatement solutions. The products and services are integral to manufacturing processes, such as for semiconductors and flat panel displays, and are used within an increasingly diverse range of industrial applications.

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.

More articles on this topic

Leybold Develops Vacuum Solution for Sustainable Beer Bottling

27.08.2024 -

The classic glass beer bottle offers numerous advantages for producers and consumers compared to other types of containers. In addition to a fresh taste and protection from external contaminants, the bottle design communicates the brand image and contributes to the enjoyment of the beverage. With this in mind, it’s no coincidence that in Germany alone, there are currently several billion glass bottles from various breweries in circulation.

Read more

Company Founder Ayhan Busch Celebrates Her 90th Birthday

11.06.2024 -

Ayhan Busch, co-founder and co-owner of the Busch Group, was celebrating her 90th birthday on June 8. She is still active in the company, travels to manager meetings and welcomes guests, such as the Governor of the US state of Virginia recently. Just yesterday, she inaugurated the new “Central Park” on the grounds of the Busch headquarters in Maulburg, Germany.

Read more

95th Birthday of Company Founder Dr Karl Busch

26.04.2024 -

Just before his birthday, Dr Karl Busch traveled to the Netherlands with his wife Ayhan to attend this year’s international Busch Group Manager Meeting. The co-founder and co-owner of the world market leader, who celebrated his 95th birthday on April 20, 2024, still follows the product presentations of his company with great interest.

Read more

Three Strong Brands Form the Global Busch Group

22.03.2024 -

Busch Vacuum Solutions, Pfeiffer Vacuum and centrotherm clean solutions are now united under the umbrella of the new Busch Group. Together, they offer an extensive product portfolio and improved customer experience. Headquartered in Germany’s Black Forest, the Busch Group is one of the world’s largest manufacturers of comprehensive vacuum solutions, including vacuum pumps, vacuum systems, blowers, compressors and gas abatement systems.

Read more

Sustainable Production Thanks to Efficient Filling Technology: Brewery Velké Popovice Invests in a Turnkey KHS Line

05.12.2023 -

Czech brewery Velké Popovice relies on technology from KHS: at the heart of a new glass line is the Innofill Glass DRS ECO filler. Velké Popovice uses the unfilled beer to cool the vacuum pump and thus save energy. With the installation of the rest of the line’s dry section planned for the start of the coming year, the brewery is thus relying solely on KHS technology – that also includes a number of holistic digital service solutions.

Read more