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Atlas Copco agrees to acquire a leading provider of vacuum pumps in India

Atlas Copco TCBU

The company designs and manufactures vacuum pumps and systems for applications used in a wide range of industries.

Atlas Copco – one of the leading innovators in portable air compressors, light towers, pumps and handheld tools has agreed to acquire HHV Pumps Pvt. Ltd. The company designs and manufactures vacuum pumps and systems for applications used in a wide range of industries.

HHV Pumps is a leading provider of vacuum pumps used for chemical and pharmaceutical industries, electrical power equipment, general industry, and rotary vane pumps used for manufacturing refrigeration and air-conditioning.

“India is an important market for us and a fast-growing economy”, said Geert Follens, Business Area President, Vacuum Technique, Atlas Copco “HHV Pumps has a strong reputation and through this acquisition we will strengthen our market presence as well as give us capabilities for local manufacturing.”

HHV Pumps was founded in 2009 and is based in Bengaluru, India, and has 151 employees. In the fiscal year of 2020 the company had revenues of approximately MUSD 6.

For more info, visit: www.atlascopcogroup.com

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