M&A Deal Summary

Atlas Copco Acquires Layne Christensen Co - Christensen Products

On August 31, 2001, Atlas Copco acquired machinery company Layne Christensen Co - Christensen Products from Layne Christensen

Acquisition Highlights
  • This is Atlas Copco’s 4th transaction in the Machinery sector.
  • This is Atlas Copco’s 2nd transaction in the United States.
  • This is Atlas Copco’s 1st transaction in Utah.

M&A Deal Summary

Date 2001-08-31
Target Layne Christensen Co - Christensen Products
Sector Machinery
Buyer(s) Atlas Copco
Sellers(s) Layne Christensen
Deal Type Divestiture

Target

Layne Christensen Co - Christensen Products

Salt Lake City, Utah, United States
Layne Christensen Co - Christensen Products includes diamond core drilling equipment for the mineral exploration industry.

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Buyer(S) 1

Buyer

Atlas Copco

Nacka, Sweden

Category Company
Founded 1873
Sector Machinery
Employees53,728
Revenue 172.7B SEK (2023)
DESCRIPTION
Entrance to an Atlas Copco facility in Rock Hill, South Carolina.
Entrance to an Atlas Copco facility in Rock Hill, South Carolina.

Atlas Copco is a diversified industrial group. The Company is a manufacturer of compressors, expanders and air treatment systems, construction and mining equipment, power tools, and assembly systems. Atlas Copco was founded in 1873 and is based in Nacka, Sweden.


DEAL STATS #
Overall 7 of 176
Sector (Machinery) 4 of 91
Type (Divestiture) 1 of 28
State (Utah) 1 of 3
Country (United States) 2 of 44
Year (2001) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-05-02 Masons Overseas

London, United Kingdom

Masons Overseas Ltd. is a manufacturer of generators.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-12-06 GrassAir Compressoren BV

Oss, Netherlands

GrassAir Compressoren BV is a producer of screw compressors.

Buy -

Seller(S) 1

SELLER

Layne Christensen

Woodlands, Texas, United States

Category Company
Founded 1981
Sector Environmental
Employees2,680
Revenue 683M USD (2016)
DESCRIPTION

Layne Christensen Co. is water management, construction, and drilling company, providing solutions for water, mineral and energy resources. Layne Christensen was founded in 1981 and is based in Woodlands, Texas.


DEAL STATS #
Overall 1 of 3
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 2
State (Utah) 1 of 1
Country (United States) 1 of 3
Year (2001) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 Solmetex

Marlborough, Massachusetts, United States

Solmetex is a provider of dental amalgam separator devices and amalgam recycling services to the dental industry. The company’s NXT Hg5™ Series of Amalgam Separators and recycling program, which treat dental wastewater, is highly regarded as the best solution for regulatory compliance. Solmetex was founded in 1994 and is based in Marlborough, Massachusetts.

Buy -