By Dominic Chopping

 

STOCKHOLM--Atlas Copco AB said late Tuesday that it has agreed to acquire Trillium U.S. Inc., a provider of vacuum pump services to semiconductor and general vacuum customers.

The Swedish industrial tool maker said Trillium also has a small manufacturing business focused on piston and cryogenic pumps.

Privately-owned Trillium is headquartered in Clackamas, Oregon, with additional sites in Hamburg, New Jersey, and Austin, Texas. It has around 140 employees.

In 2022, the company had revenues of around $27 million.

The purchase price wasn't disclosed.

Atlas Copco expects the acquisition to be completed during the second quarter of 2023.

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

March 15, 2023 04:32 ET (08:32 GMT)

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