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Oerlikon recently announced that it has signed an agreement to sell its Leybold Vacuum business to Atlas Copco. The transaction is based on an enterprise value of CHF 525 million and is expected to close by middle of the year 2016. By this sale Oerlikon continues to focus on streamlining its portfolio.
The divestment of Oerlikon's Vacuum Segment to Atlas Copco marks the thirteenth strategic transaction for the Group since 2010. It will allow the Group to further allocate resources and management attention to its strategic growth areas. Oerlikon CEO Dr. Brice Koch said: “This is another important milestone in our strategic effort toward focusing our businesses on attractive core growth markets in the fields of energy, mobility and urbanization. We intend to use the proceeds to invest in sustainable profitable growth within our core competencies.”

Oerlikon plans to sell its Vacuum Segment to Atlas Copco

Kategorien: |
Autor: Redaktion

Datum: 01. Dez. 2015

The divestment of Oerlikon’s Vacuum Segment to Atlas Copco marks the thirteenth strategic transaction for the Group since 2010. It will allow the Group to further allocate resources and management attention to its strategic growth areas.
Oerlikon CEO Dr. Brice Koch said: “This is another important milestone in our strategic effort toward focusing our businesses on attractive core growth markets in the fields of energy, mobility and urbanization. We intend to use the proceeds to invest in sustainable profitable growth within our core competencies.”