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2006-09-02 Press Release

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German industrial tool company acquired by Atlas Copco

Microtec Systems GmbH, Germany, an industrial tool manufacturer for the electronics industry, has been acquired by Atlas Copco Holding GmbH.

Microtec Systems (Microtec), based south of Stuttgart, Germany, specializes in advanced electric tightening tools for small screw applications. The main customer group is the electronics industry. Microtec’s products are complementary to Atlas Copco’s range of industrial tools and assembly systems, and have mainly been sold on selected markets. By adding Atlas Copco’s worldwide channels to market, the business is expected to grow significantly.

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Atlas Copco Tools and Assembly Systems General Industry, headquartered in Stockholm, Sweden, is a division within Atlas Copco’s Industrial Technique business area. It markets hand-held electric and pneumatic tools, assembly systems, software and services to customers worldwide within general engineering, aerospace, appliance and consumer electronics, transport, power and energy equipment.

Screw Tightening System based on a JANOME Desktop Robot JR 2303. for Semi-Automation. Click Go for larger image. photo: Microtec

“The electronics industry is growing fast and is an important customer segment for us. Through the acquisition we will be able to offer these, and other customers, the widest and most competitive product range,” says Fredrik Möller, Business Area President, Atlas Copco Industrial Technique.

Microtec, a market leader in sensor-controlled screwdriver technology and measurement instruments for applications requiring micro to medium torque, will be part of the Atlas Copco Tools and Assembly Systems General Industry division within the Industrial Technique business area. It will operate under the Atlas Copco and Microtec brands.

Find information about Atlas Copco.

Read a press release from Atlas Copco about - 'The new Nanjing wholly owned foreign enterprise of Atlas Copco will assemble construction and mining equipment, mainly drill rigs, predominantly for the Chinese market.'

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