Swedish manufacturer Atlas has completed the divestment of its concrete and compaction business to Husqvarna Group’s construction division. Terms of the transaction were not disclosed.
The Atlas Copco's concrete and compaction business reported revenues in 2016 of EUR 57 million (US$ 70.9 million). The divestment aims to allow Atlas Copco’s power technique business area to focus on its core technologies of air, power and flow. The sale was announced in December.