Atlas Copco AB (OM:ATCO A) agreed to acquire Scheugenpflug Ag on October 24, 2019. Post completion, Scheugenpflug Ag will become part of Atlas Copco's Industrial Assembly Solutions division in the Industrial Technique business area. For year 2018, Scheugenpflug Ag reported revenues of approximately €80 million. The existing management will continue to drive Scheugenpflug's business and the brand name will remain. The acquisition is subject to regulatory approvals and is expected to be completed during the first quarter of 2020. Nils Mengen, Jannis Pulm, Marc Robin Lüpertz, Benedikt-Maria Briller, Florian Leis, Thomas Herzogenrath, Carsten Hild and Fabio Ferrara of Ebner Stolz Gmbh & Co. Kg provided financial and tax due diligence to Atlas Copco. Atlas Copco AB (OM:ATCO A) completed the acquisition of Scheugenpflug Ag on January 3, 2020.