Atlas Copco is acquiring a 67% stake in Lutos, a Czech manufacturer of low-pressure air compressors, to enhance its product offerings in the environmental applications sector.
Information on the Target
Lutos specializes in the manufacturing and marketing of air compressors specifically designed for low-pressure applications, commonly referred to as blowers. The company has established a strong sales presence in the Czech Republic and its neighboring countries, where it has become recognized for its quality products and innovation in this niche market.
As a leader in the production of blowers, Lutos has positioned itself to capitalize on the increasing demand for environmental applications that utilize air compressor technology. The company's ability to adapt to market trends and customer needs ensures its relevance in the evolving industrial landscape.
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Industry Overview in the Czech Republic
The air compressors industry in the Czech Republic has seen steady growth, driven by rising demand in various sectors including manufacturing, food and beverage, and environm
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Atlas Copco
invested in
Lutos
in 2005
in a Other deal