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Peterka & Partners Advises Atlas Copco on Acquisition of International Business of Schneider Druckluft

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Peterka & Partners has advised Atlas Copco on the acquisition of the international business of Schneider Druckluft. The value of the transaction is not disclosed, and Atlas Copco’s acquisition remains subject to regulatory approvals. It is expected to be completed in the third quarter of 2016.

Atlas Copco is a world-leading provider of sustainable productivity solutions. The group serves customers with compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools, and assembly systems.  The company was founded in 1873 and is based in Stockholm. In 2015, the company reported revenues of EUR 11 billion and more than 43,000 employees.

Schneider Druckluft is a German designer and producer of professional compressed air solutions with a large network of retailers and specialist shops. The company is based in Reutlingen (near Stuttgart), Germany, and has about 110 employees. It also has subsidiaries in the Czech Republic and Slovakia. The company focuses mainly on piston compressors but offers a range of related products and services. It had revenues of around EUR 27 million in 2015.

Peterka & Partners’ Partner Premysl Marek and attorney Ludek Trykar worked on the transaction in cooperation with German law firm Loschelder Rechtsanwalte.

Peterka & Partners reported that it was unable to disclose the identity of counsel to Schneider Druckluft on the deal.

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