Nacka, Sweden, July 9, 2025: New Star Technology (Suzhou) Co. Ltd. ("New Star Technology"), a specialized Chinese abatement company, will become part of Atlas Copco Group.
The company was founded in 2015 and is located in Suzhou, China.
New Star Technology produces gas abatement equipment mainly using absorbers and catalyst technology, The company also produces and sells replacement absorber materials, and the main customer segment is within the semiconductor sector.
"We are happy to welcome New Star Technology to Atlas Copco Group. With this acquisition we further enhance our local presence and local product offer in the field of abatement equipment. We also improve our capability to produce our own absorber materials locally in China", said Koen Lauwers, Business Area President Vacuum Technique.
The purchase price is not disclosed. In 2024 the company had revenues of approximately CNY 50 M (73 MSEK*).
The acquisition is expected to close during the third quarter 2025. As part of the acquisition 38 employees will join Atlas Copco Group and the company will become part of the Semiconductor division within the Vacuum Technique Business Area.
*Average exchange rate in 2024
For more information please contact:
Christina Malmberg Hägerstrand, Media Relations Manager
+46 72 855 93 29
media@atlascopco.com
Daniel Althoff, Vice President Investor Relations
+46 76 899 9597
ir@atlascopco.com
About Atlas Copco Group:
Atlas Copco Group enables technology that transforms the future. We innovate to develop products, services and solutions that are key to our customers' success. Our four business areas offer compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools and assembly and machine vision solutions.
In 2024, the Group had revenues of BSEK 177, and at year end about 55 000 employees. www.atlascopcogroup.com