Atlas Copco Group has completed the acquisition of Guangdong Euroklimat Air-Conditioning & Refrigeration a Chinese manufacturer of industrial heating and cooling solutions. The acquisition was previously announced and has now been finalized. Guangdong Euroklimat, established in 2009, provides heating and cooling solutions for industrial applications, with a particular focus on process cooling and energy conversion. The company operates manufacturing and assembly facilities in Guangdong Province and Tianjin and has sales offices in Southeast Asia.
The acquisition strengthens Atlas Copco Group’s portfolio of industrial heating and cooling solutions and expands its presence in applications requiring process cooling and energy conversion technologies. Guangdong Euroklimat generated revenues of RMB 1,281 million, equivalent to approximately SEK 1.8 billion, in 2025 and has around 1,000 employees. The purchase price has not been disclosed.
Following the completion of the transaction, Guangdong Euroklimat has become part of the Oil-free Air division within Atlas Copco Group’s Compressor Technique Business Area. The addition of Guangdong Euroklimat brings its manufacturing, engineering and commercial capabilities into Atlas Copco’s existing industrial technology portfolio. The company’s products are used across a range of industrial applications where heating, cooling and energy conversion solutions are required.
Atlas Copco Group said the acquisition forms part of its continued expansion of technologies and solutions supporting industrial customers. The Group operates across compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools, assembly systems and machine vision solutions.
Atlas Copco Group enables technology across industrial applications through products, services and solutions developed for customer operations. Its four business areas serve industries across global markets, with operations supported by manufacturing, engineering, sales and service capabilities.
In 2025, Atlas Copco Group reported revenues of SEK 168 billion and had approximately 56,000 employees at year-end. With Guangdong Euroklimat now integrated into the Compressor Technique Business Area, the Group will add the acquired company’s industrial heating and cooling capabilities to its existing portfolio. The transaction also provides Atlas Copco with additional manufacturing and sales capabilities in China and Southeast Asia.
Guangdong Euroklimat’s presence in Guangdong, Tianjin and Southeast Asia provides a regional platform for serving industrial customers and supporting applications related to process cooling and energy conversion. The completed acquisition adds to Atlas Copco Group’s portfolio of industrial technologies and supports its strategy of expanding solutions that address customer requirements across different industrial processes and markets.
