CVD Equipment agrees to sell SDC division to Atlas Copco for USD 17 million

Reuters03-24

CVD Equipment agrees to sell SDC division to Atlas Copco for USD 17 million

Atlas Copco Group agreed to acquire CVD Equipment’s Stainless Design Concepts division for about USD 16.9 million in cash, subject to adjustments.
The deal is expected to close in Q2 2026, subject to customary closing conditions.
CVD expects net cash proceeds of about USD 15.0 million after expenses and taxes, including USD 900,000 to be held in escrow.
CVD will retain its Saugerties, New York facility and lease it to the buyer for an initial two-year term after closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CVD Equipment Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202603240830BIZWIRE_USPR_____20260324_BW166996) on March 24, 2026, and is solely responsible for the information contained therein.

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