Atlas Copco could be looking to sell Dynapac - report (translated)
Atlas Copco, the Swedish industrial giant, is on its way to selling its road surface compactor subsidiary, Dynapac, according to Dagens Industri.
The Swedish business daily reported, citing unnamed sources, that Atlas Copco is looking to sell Dynapac due to disappointing profitability and low return. The paper's sources said that a sale is expected to occur sometime during the first quarter of 2017 already.
The paper reported that it is unknown who the buyer might be and observers believe it is unlikley to be the Swedish truck and construction equipment company, Volvo.
The item noted that Atlas Copco acquired Dynapac in 2007 for SEK 6.3bn