Atlas Copco Acquires Assets of NJS Technologies; Terms Not Disclosed

Atlas Copco ATLKY has acquired the assets of NJS Technologies Ltd., an engineering and sales company that specializes in process control systems for assembly operations. NJS Technologies, commonly known as Pivotware, is based in Burton, near Birmingham, United Kingdom. It had revenue in 2014 of about MGBP 0.7 (MSEK 9). The privately-owned company provides error-proofing solutions for original equipment manufacturers and suppliers in the automotive and other industries. Atlas Copco is taking over seven employees. "This acquisition is a strategic fit as it will expand our product and service offering to manufacturing customers globally," said Mats Rahmström, President for Atlas Copco's See full press release