Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Transcripts
    • AGM Invitations
    • IPOs
  • inderesTV
  • Portfolio
  • Forum
  • Discovery
  • Q&A
  • About Us
    • Our Coverage
    • Team
Press release

US-based high-pressure oil-free compression technology has become part of Atlas Copco Group

Atlas Copco

Nacka, Sweden, January 9, 2024: Hycomp Inc.'s technology has become part of Atlas Copco Group. The company designs, produces, sells and services specialized high-pressure oil-free compressors and boosters for a variety of industries.

Hycomp is a privately owned company located north of Salt Lake City, Utah, and has 37 employees. In 2023 the company had revenues of MUSD 8 (MSEK 85)*.

"Hycomp has extensive know-how in high-pressure oil-free compressors, and the acquired technology complements our existing technologies, allowing us to extend our current product range," said Vagner Rego, Business Area President Compressor Technique.

The purchase price is not disclosed. Hycomp's technology will become part of the Professional Air division within the Compressor Technique business area.

*Based on the average exchange rate in 2023.

Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.