Atlas Copco has agreed to acquire Saltus, a company specializing in quality assurance tools, to enhance its product offerings in the Industrial Technique business area.

Target Company Overview

Founded in 1919, Saltus is a well-established company specializing in the manufacture and sale of quality assurance products for tightening applications. With a workforce of approximately 65 employees, Saltus generated revenues of around MEUR 8 (MSEK 70) in 2012. The company’s product offerings include mechanical, mechatronic, and electronic wrenches, along with specialized sockets, catering to a diverse range of industrial needs.

The acquisition of Saltus marks a strategic move for Atlas Copco, as the company seeks to enhance its portfolio within the Industrial Technique business area. This integration aims to bolster Atlas Copco's product line and capabilities in providing high-quality tightening solutions to its global clientele.

Industry Overview in Sweden

Sweden's manufacturing sector is characterized by a strong emphasis on quality and efficiency, with a robust focus on innovation and sustainability. The country boasts a highly skilled workforce and advanced technological i