NIB finances Atlas Copco’s acquisition of Edwards Group

Photo: Atlas Copco AB

NIB and the Swedish industrial tools and equipment manufacturer Atlas Copco AB have agreed on a ten-year loan totalling EUR 200 million to finance the acquisition of the UK-based Edwards Group Ltd.

The acquisition of Edwards Group Ltd., a market leader in vacuum solutions, took place in early 2014. The deal diversified Atlas Copco’s knowledge base and is expected to increase the portfolio of innovation projects. The transfer of new, R&D-intensive technologies is also likely to enrich the industrial expertise available in the NIB membership region. The acquisition adds more than 400 R&D employees to Atlas Copco’s staff.

Atlas Copco AB is a global leader in compressors and mining equipment. Founded in 1873, the company has a global reach spanning more than 180 countries.

NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.

For further information, please contact
Mr Lars Synnes, Senior Manager Origination, at +358 10 618 0504,

Mr Dimitrijs Alehins, Senior Communications Specialist, at +358 10 618 0296,