Atlas Copco completes acquisition of South Korean exhaust management company
August 12, 2016
Stockholm, Sweden, August 5, 2016: Atlas Copco, a leading provider of sustainable productivity solutions, has completed the acquisition of CSK Inc., a leading supplier of exhaust management systems in the South Korean semiconductor, display, solar and LED markets.
Exhaust management system
CSK is based in Gyeonggi-do, South Korea, and also has sales and service locations in China, Taiwan and the United States. The company provides manufacturers with exhaust management systems that treat hazardous gases occurring as part of the semiconductor, display, solar and LED manufacturing processes, as well as gas and liquid delivery for advanced semiconductor manufacturing.
Atlas Copco announced on June 1, 2016 the agreement to acquire CSK.
CSK has about 400 employees and had revenues in 2015 of BKRW 124.5 (MSEK 870). The seller is Hanyang ENG Co., Ltd., which is publicly listed on the Korean stock exchange KOSDAQ. The purchase price is BKRW 120 (MSEK 920) before potential adjustment.