Atlas Copco AB acquires Phillip-Tech (Beijing) Co., Ltd.

On November 24, 2016, Atlas Copco AB acquired Phillip-Tech (Beijing) Co., Ltd., a machinery & tools company in China.

Deal at a glance

AnnouncedNovember 24, 2016 TypeAdd-on Acquistion TargetPhillip-Tech (Beijing) Co., Ltd. Buyer Atlas Copco AB SectorMachinery & Tools LocationChina ValueNot disclosed

Target company

Phillip-Tech (Beijing) Co., Ltd.

China

Machinery & Toolssector

-founded

Activestatus

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Buyer

Atlas Copco AB

Company · 157 deals on record

36th transaction in machinery & tools
7th transaction in China

157deals, all time

54in this sector

2022latest

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Questions about this deal

Who acquired Phillip-Tech (Beijing) Co., Ltd.?Atlas Copco AB acquired Phillip-Tech (Beijing) Co., Ltd. on November 24, 2016.

What type of deal was it?It was a add-on acquistion in the machinery & tools sector in 2016.

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