Atlas Copco Takes Full Control of Taiwanese Exhaust Management Business

By Ian WalkerFeaturesDow Jones Newswires

Atlas Copco AB (ATCO-A.SK) said Thursday it is buying the remaining 45% share of CSKT Inc., a joint venture in Taiwan that sells and services gas abatement and chemical delivery systems, for an undisclosed sum.

The provider of sustainable productivity solutions bought a 55% stake in CSKT with the acquisition in 2016 of CSK Inc., the South Korean exhaust management company.

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The acquisition is expected to be completed in the second quarter 2017, Atlas said.

-Write to Ian Walker at; @IanWalk40289749

(END) Dow Jones Newswires

April 20, 2017 02:49 ET (06:49 GMT)