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September 20, 2013
Atlas Copco acquires assembly solutions expert Synatec
Atlas Copco AB (Stockholm, Sweden; www.atlascopco.com
), a provider of sustainable productivity solutions, has agreed to acquire Synatec GmbH, which provides quality-improvement solutions mainly to the automotive industry. Synatec, based near Stuttgart, Germany, provides products and solutions to improve flexibility and quality for manufacturing companies’ workplace operations, operator guidance, as well as data collection and analysis. The company has 120 employees. Synatec’s legal owner will be Atlas Copco Holding GmbH in Germany. Synatec will be part of Atlas Copco’s MVI Tools and Assembly Systems division in the Industrial Technique business area. The acquisition is expected to be finalized during the fourth quarter 2013.