# Atlas Copco acquires Hycomp's high-pressure oil-free compression technology

Atlas Copco Group acquired the technology of Utah-based Hycomp Inc, a privately owned maker of high-pressure oil-free compressors and boosters with 37 employees and about USD 8 million in 2023 revenue. The purchase price was not disclosed.

- Type: Acquisition
- Announced: 2024-01-09
- Where: Utah, United States
- Status: completed
- Products: high-pressure oil-free compressors, boosters
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Atlas Copco](https://endata.com/companies/505.md) (acquirer)
- [HyComp](https://endata.com/companies/8700.md) (target)

## Sources

- [atlascopcogroup.com](https://www.atlascopcogroup.com/en/media/press-releases/2024/20240109-acquisition-hycomp), 2024-01-09: "Hycomp Inc.’s technology has become part of Atlas Copco Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.