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Swedish industrial equipment maker Atlas Copco has acquired Kyungwon Machinery Industry, a Korean air compressor manufacturer, from its CEO Lee Sang-woo and related parties for about 88 billion won.
Kyungwon Machinery Industry, a Siheung-si, Korea maker of screw and scroll air compressors with 126 employees, has become part of Atlas Copco Group. Purchase price was not disclosed.
Atlas Copco announced it will acquire Kyungwon Machinery Industry, a Korean maker of screw and scroll air compressors with 126 employees, based in Siheung-si. The deal is expected to close in Q3 2025 subject to regulatory approval; its value was not disclosed.