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Atlas Copco to Acquire Klingel Joining Technologies

Swedish manufacturer Atlas Copco has agreed to acquire Klingel Joining Technologies, based near Munich in Germany. Terms of the transaction were not disclosed.

Klingel Joining Technologies is one of three business units of Klingel GmbH and specializes in flow drill technology, a joining method used in the automotive industry. The business had revenues of SEK 82 million (US$10 million) in 2017.

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