# Atlas Copco acquires German tracking systems maker Soft2tec

Atlas Copco announced the finalization of its acquisition of Soft2tec, a Rüsselsheim, Germany maker of camera-based tracking systems, which becomes part of its Desoutter business line.

- Type: Acquisition
- Announced: 2022-02-01
- Where: Rüsselsheim am Main, Germany
- Value: $737.0M (670.0M EUR)
- Status: completed
- Products: camera-based tracking systems, Nexonar tracking systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Atlas Copco](https://endata.com/companies/505.md) (acquirer)
- [LEWA](https://endata.com/companies/721.md) (target)
- [Nikkiso](https://endata.com/companies/1331.md) (partner)
- [Pumpenfabrik Wangen](https://endata.com/companies/4502.md) (target)
- [Geveke](https://endata.com/companies/5012.md) (target)
- [Soft2tec](https://endata.com/companies/8895.md) (target)
- [Silverfleet Capital](https://endata.com/companies/8934.md) (partner)

## Sources

- [meccanica-plus.it](https://meccanica-plus.it/en/soft2tec-and-hhv-pumps-two-new-acquisitions-in-atlas-copco_119674/), 2022-02-07: "The acquired business of Soft2tec will become part of the Desoutter business line within the Chicago Pneumatic Tools division."
- [atlascopcogroup.com](https://www.atlascopcogroup.com/en/media/press-releases/2022/20220221-wangen-pumpen), 2022-02-21: "Atlas Copco has agreed to acquire Pumpenfabrik Wangen GmbH, a German manufacturer of progressive cavity pumps."
- [mcfcorpfin.com](https://www.mcfcorpfin.com/news/mcf-advises-silverfleet-capital-on-the-sale-of-their-portfolio-company-pumpenfabrik-wangen-wangen-pumpen-to-atlas-copco/), 2022-02-21: "Silverfleet Capital, the pan-European private equity firm, has sold its portfolio company Pumpenfabrik Wangen."
- [atlascopcogroup.com](https://www.atlascopcogroup.com/en/media/press-releases/2022/20220314-acquisition-lewa-geveke), 2022-03-14: "Atlas Copco has agreed to acquire LEWA GmbH and subsidiaries, and Geveke B.V. and subsidiaries for a combined enterprise value of MEUR 670"
- [lewa.com](https://www.lewa.com/en/lewa-group/news-detail/atlas-copco-power-and-flow-to-acquire-lewa), 2022-03-14: "Atlas Copco has agreed to acquire LEWA Group"
- [chemietechnik.de](https://www.chemietechnik.de/anlagentechnik/atlas-copco-expandiert-lewa-und-pumpenfabrik-wangen-uebernommen/1901120), 2022-03-15: "Für die beiden Unternehmen bezahlt Atlas Copco einen Kaufpreis von 670 Mio. Euro."
- [worldpumps.com](https://www.worldpumps.com/content/news/atlas-copco-to-acquire-lewa-and-geveke), 2022-03-15: "Atlas Copco has agreed to buy Lewa GmbH and Geveke BV and their subsidiaries from Japan's Nikkiso Co Ltd in a €670 million deal."
- [bakermckenzie.co.jp](https://www.bakermckenzie.co.jp/en/topics/9294), 2022-03-16: "The companies will be acquired for a price of approximately MEUR 696."
- [pumpsandsystems.com](https://www.pumpsandsystems.com/atlas-copco-acquire-lewa-geveke/), 2022-03-17: "Atlas Copco has agreed to acquire LEWA GmbH and subsidiaries, and Geveke B.V. and subsidiaries."

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