Atlas Copco Group Acquires Hycomp Inc. Technology
January 9, 2024
Atlas Copco Group has acquired the high-pressure oil-free compressor technology of Hycomp Inc., integrating it into the Professional Air division within the Compressor Technique business area. Hycomp, a privately owned Utah manufacturer north of Salt Lake City with about 37 employees and roughly $8M in 2023 revenue, will expand Atlas Copco's product range and capabilities in oil-free high-pressure compressors.
- Buyers
- Atlas Copco Group
- Targets
- Hycomp Inc.
- Industry
- Manufacturing
- Location
- Utah, United States
- Transaction Type
- Buyout
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