By Dominic Chopping

STOCKHOLM--Swedish industrial tool maker Atlas Copco AB said Thursday that it has agreed to acquire National Vacuum Equipment Inc., a U.S. manufacturer of industrial vacuum pumps and packages for use on tanker trucks.

National Vacuum Equipment is headquartered in Traverse City, Michigan, and has around 100 employees.

The purchase price wasn't disclosed.

The company said the acquisition is expected to close during the third quarter.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

June 09, 2022 05:12 ET (09:12 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
Atlas Copco (PK) (USOTC:ATLKY)
Historical Stock Chart
From Apr 2023 to May 2023 Click Here for more Atlas Copco (PK) Charts.
Atlas Copco (PK) (USOTC:ATLKY)
Historical Stock Chart
From May 2022 to May 2023 Click Here for more Atlas Copco (PK) Charts.