Swedish industrial manufacturer Atlas Copco on Wednesday announced it has acquired IBVC Vacuum S.L.U, aka Iberica Vacuum. The company’s customers are mainly industrial and scientific companies as well as universities and research institutes in Spain and Portugal. Financial terms of the deal weren’t disclosed.
Iberica Vacuum, which is privately owned and has 10 employees, is based in Madrid, Spain, and serves as the Edwards vacuum distributor in Spain and Portugal.
“We have had a successful partnership with Iberica Vacuum in Spain and Portugal since its founding in 2007”, said Geert Follens, Business Area President Vacuum Technique. “Through this acquisition we will get the opportunity to better serve current customers and further strengthen our market presence for the Edwards brand in this key region of Southern Europe.”
The company will become part of the Vacuum Technique Service Division within Atlas Copco’s Vacuum Technique Business Area.