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Atlas Copco Acquires NATEV for Positioning Solutions

Atlas Copco has declared the acquisition of the assets of NATEV GmbH.

Atlas CapecoThe company was founded in 2010 and specializes in position solutions for assembly tools used in industrial production.

“Through NATEV’s solutions we will be able to expand our offering of positioning solutions”, said Henrik Elmin, Business Area President Industrial Technique, “This is an important technology to enable flexible production in line with the Industry 4.0 vision”.

NATEV has ten employees and is located in Borken, in north-western Germany. In 2019, the company’s sales amounted to approximately 1 MEUR (10.4 MSEK) and in 2020 approximately MEUR 0.5 (MSEK 5.2)

NATEV develops systems for real-time positioning and imaging solutions in close cooperation with key customers in the automotive industry. Products include hardware and software used to monitor and error-proof defined production steps linked to the tightening processes.

The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.

The business will be integrated into the MVI Tools and Assembly Systems Division in the Industrial Technique Business Area.

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Aishwarya Saxena

A book geek, with creative mind, an electronics degree, and zealous for writing.Creativity is the one thing in her opinion which drove her to enter into editing field. Allured towards south Indian cuisine and culture, love to discover new cultures and their customs. Relishes in discovering new music genres.

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