Atlas Copco Buys Majority Stake in Chinese Purification Equipment Supplier

Dow Jones

Jul 10

By Dominic Chopping

STOCKHOLM--Atlas Copco said it would acquire a 70% stake in Chinese purification equipment manufacturer Shanghai Shareway Environment Technology.

Minority shareholders will retain a 30% ownership share and the company will be managed as an independent entity, with its own research and development and production, Atlas Copco said Thursday.

The Chinese company mainly produces equipment to treat waste gases from semiconductor and solar-panel manufacturing, employing 320 people. It reported 2024 revenue of around 630 million yuan ($87.7 million).

The deal is expected to close during the third quarter.

The purchase price wasn't disclosed.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

July 10, 2025 03:48 ET (07:48 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2550160086"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2550160086\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2550160086?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-10 15:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2550160086","market":"nz","top_or_hot":-1,"title":"Atlas Copco Buys Majority Stake in Chinese Purification Equipment Supplier","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Dominic Chopping \n</p>\n<pre>\n \n</pre>\n<p>\n  STOCKHOLM--<a href=\"https://laohu8.com/S/AFH\">Atlas</a> Copco said it would acquire a 70% stake in Chinese purification equipment manufacturer Shanghai Shareway Environment Technology. \n</p>\n<p>\n  Minority shareholders will retain a 30% ownership share and the company will be managed as an independent entity, with its own research and development and production, Atlas Copco said Thursday. \n</p>\n<p>\n  The Chinese company mainly produces equipment to treat waste gases from semiconductor and solar-panel manufacturing, employing 320 people. It reported 2024 revenue of around 630 million yuan ($87.7 million). \n</p>\n<p>\n  The deal is expected to close during the third quarter. \n</p>\n<p>\n  The purchase price wasn't disclosed. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 10, 2025 03:48 ET (07:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Atlas Copco Buys Majority Stake in Chinese Purification Equipment Supplier</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAtlas Copco Buys Majority Stake in Chinese Purification Equipment Supplier\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-10 15:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Dominic Chopping \n</p>\n<pre>\n \n</pre>\n<p>\n  STOCKHOLM--<a href=\"https://laohu8.com/S/AFH\">Atlas</a> Copco said it would acquire a 70% stake in Chinese purification equipment manufacturer Shanghai Shareway Environment Technology. \n</p>\n<p>\n  Minority shareholders will retain a 30% ownership share and the company will be managed as an independent entity, with its own research and development and production, Atlas Copco said Thursday. \n</p>\n<p>\n  The Chinese company mainly produces equipment to treat waste gases from semiconductor and solar-panel manufacturing, employing 320 people. It reported 2024 revenue of around 630 million yuan ($87.7 million). \n</p>\n<p>\n  The deal is expected to close during the third quarter. \n</p>\n<p>\n  The purchase price wasn't disclosed. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 10, 2025 03:48 ET (07:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4161","symbol_name":"工业机械","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2550160086","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2550160086","pubTimestamp":1752133680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"STOCKHOLM--Atlas Copco said it would acquire a 70% stake in Chinese purification equipment manufacturer Shanghai Shareway Environment Technology.Minority shareholders will retain a 30% ownership share and the company will be managed as an independent entity, with its own research and development and production, Atlas Copco said Thursday.The Chinese company mainly produces equipment to treat waste gases from semiconductor and solar-panel manufacturing, employing 320 people. It reported 2024 revenue of around 630 million yuan .The deal is expected to close during the third quarter.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4161":"工业机械","ATLKY":"Atlas Copco AB","AFH":"Atlas Financial Holdings Inc."},"translate_title":"阿特拉斯·科普柯收购中国净化设备供应商多数股权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AFH":1,"ATLKY":0.9},"content_text":"By Dominic Chopping \n\n\n \n\n\n  STOCKHOLM--Atlas Copco said it would acquire a 70% stake in Chinese purification equipment manufacturer Shanghai Shareway Environment Technology. \n\n\n  Minority shareholders will retain a 30% ownership share and the company will be managed as an independent entity, with its own research and development and production, Atlas Copco said Thursday. \n\n\n  The Chinese company mainly produces equipment to treat waste gases from semiconductor and solar-panel manufacturing, employing 320 people. It reported 2024 revenue of around 630 million yuan ($87.7 million). \n\n\n  The deal is expected to close during the third quarter. \n\n\n  The purchase price wasn't disclosed. \n\n\n \n\n\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 10, 2025 03:48 ET (07:48 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}