# Atlas Copco to acquire ZEUS cryopump service and distribution business in South Korea

Atlas Copco agreed to acquire the cryopump service and distribution business of ZEUS Co., Ltd. in Gyeonggi-do, South Korea, which has 59 employees. The purchase price was not disclosed and closing is expected in Q2 2023.

- Type: Acquisition
- Announced: 2023-01-01
- Where: Gyeonggi-do, South Korea
- Status: announced
- Products: cryogenic vacuum pumps, refrigeration systems, CTI and Polycold products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Atlas Copco](https://endata.com/companies/505.md) (acquirer)
- [Zeus](https://endata.com/companies/5639.md) (target)

## Sources

- [atlascopcogroup.com](https://www.atlascopcogroup.com/en/media/press-releases/2023/20230131-acquisition-zeus), 2023-01-31: "Atlas Copco has agreed to acquire the cryopump service and distribution business of ZEUS Co., Ltd."
- [worldpumps.com](https://www.worldpumps.com/content/features/pumps-mergers-acquisitions-review-2023), 2024-01-08: "Atlas Copco agreed to acquire the cryopump service and distribution business of South Korea’s Zeus Co Ltd."

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