Atlas divests concrete, compact division:

Atlas Copco has announced it has agreed to divest its concrete and compaction business to Husqvarna Group’s Construction division. The purchase price has not been disclosed.

Atlas’ concrete and compaction business achieved revenues of around €57 million in 2016. Husqvarna Group will retain the division’s 200 members of staff, Atlas Copco has confirmed.

The company said that the divestment would allow it to focus more on its Power Technique business area – which includes air, power and flow – that it kick-started this year during a structural change.

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