Atlas Copco to Acquire Germany-based Tools Business Erkat
Atlas Copco has agreed to acquire Erkat Spezialmaschinen und Service GmbH, a manufacturer of drum cutter attachments for excavators.
Erkat is based in Hämbach, Germany, and has sales and service locations worldwide. The company makes drum cutter attachments for excavators used primarily in construction and demolition and for quarries and tunnels. The Erkat brand name is well recognized for premium quality and continuous innovation.
The Erkat business includes 38 employees.
“Drum cutters are an ideal complementary product for Atlas Copco as a solution provider in rock excavation, tunnel and foundation profiling and demolition. Erkat’s highly qualified team will be a valuable asset as we help customers increase productivity,” said Andrew Walker, president of construction technique business area at Atlas Copco.
The acquisition is expected to be completed in the first quarter of 2017.
The business will become part of the construction tools division in Atlas Copco’s Construction Technique business area.
About Atlas Copco
Atlas Copco is a world-leading provider of sustainable productivity solutions. The group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries.
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