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Atlas Copco has completed the acquisition of HHV Pumps Pvt. Ltd., a Bengaluru-based designer and maker of vacuum pumps and systems, on January 21, 2022. The purchase price was not disclosed, and the business joins the Industrial Vacuum Division.
Atlas Copco has agreed to acquire HHV Pumps Pvt. Ltd., a Bengaluru-based designer and manufacturer of vacuum pumps with 151 employees, with the undisclosed deal expected to close in Q1 2022.
HHV Pumps inaugurated a 52,000 sq ft vacuum pump manufacturing facility at T. Begur, Nelamangala Taluk, Bangalore, with an initial investment of Rs 10 crore and 65 employees.