# Atlas Copco to acquire cryogenic business of Brooks Automation for $675M

Atlas Copco has agreed to acquire the cryogenic business of Brooks Automation, including cryopump operations in Chelmsford, MA and Monterrey, Mexico, for a total value of USD 675 million. Completion is expected in Q1 2019, subject to regulatory approvals.

- Type: Acquisition
- Announced: 2018-08-27
- Where: Chelmsford, MA, United States
- Value: $675.0M
- Status: announced
- Products: cryopumps, vacuum pumps, cryogenic products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Atlas Copco](https://endata.com/companies/505.md) (acquirer)
- [Edwards Vacuum](https://endata.com/companies/3332.md) (acquirer)
- [Brooks Automation](https://endata.com/companies/3773.md) (partner)
- [Brooks Automation](https://endata.com/companies/3773.md) (target)
- [Ulvac](https://endata.com/companies/3800.md) (partner)
- [Ulvac Cryogenics](https://endata.com/companies/3917.md) (partner)

## Sources

- [atlascopcogroup.com](https://www.atlascopcogroup.com/en/media/press-releases/2018/20180827-acquisition-brooks), 2018-08-27: "Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to acquire the cryogenic business of Brooks Automation, Inc., for a total value of MUSD 675 (MSEK 6239)."
- [edwardsvacuum.com](https://www.edwardsvacuum.com/en-uk/news-and-events/edwards-expands-semiconductor-offering-with-brooks-automation-cryogenic-business), 2018-08-28: "Atlas Copco Group has announced its agreement to acquire the cryogenic business of Brooks Automation, Inc through its wholly owned US entity Edwards Vacuum LLC."
- [reuters.com](https://www.reuters.com/article/business/atlas-copco-to-buy-cryogenics-business-from-brooks-in-675-million-deal-idUSKCN1LD0IG/), 2018-08-28: "Atlas Copco is buying U.S.-based Brooks Automation's cryogenic business in a $675 million cash deal to expand its vacuum technology portfolio."
- [chemengonline.com](https://www.chemengonline.com/atlas-copco-to-acquire-the-cryogenics-business-of-brooks-automation/?printmode=1), 2018-08-28: "The acquisition includes cryo pump operations located in Chelmsford, Mass. (U.S.) and Monterrey, Mexico."
- [distilnfo.com](https://www.distilnfo.com/lifesciences/2018/09/03/atlas-copco-to-acquire-the-cryogenics-business-of-brooks-automation/), 2018-09-03: "Atlas Copco AB has agreed to acquire the cryogenics business of Brooks Automation, Inc., for a total value of $675 million."
- [asminternational.org](https://www.asminternational.org/edfas/results/-/journal_content/56/10192/35403301/NEWS/), 2018-09-23: "The acquisition, with the CTI-Cryogenics and Polycold brands, will significantly expand Atlas Copco's technology offering with a new range of high vacuum pumps."

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