NATEV has ten employees and is located in Borken, in north-western Germany. In 2019, the company’s sales amounted to approximately 1 MEUR (10.4 MSEK) and in 2020 approximately MEUR 0.5 (MSEK 5.2)

“Through NATEV’s solutions we will be able to expand our offering of positioning solutions”, said Henrik Elmin, Business Area President Industrial Technique, “This is an important technology to enable flexible production in line with the Industry 4.0 vision”.

The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.

The business will be integrated into the MVI Tools and Assembly Systems Division in the Industrial Technique Business Area.