Atlas Copco Enhances Automation Portfolio with Neadvance Acquisition
Deal News | Mar 24, 2025 | Iberian Lawyer
Atlas Copco Group, a Swedish multinational known for its solutions in compressed air and vacuum, energy, and industrial tools among other areas, has successfully acquired Neadvance Machine Vision, a Portuguese software company that specializes in automation solutions. Legal advisory for this acquisition was provided by CMS Portugal, with a team led by Tiago Valente de Oliveira. This deal marks Atlas Copco's continued strategy of expanding its technological footprint, following their previous acquisition of the compressed air company Arlgica from Pinto Brasil Group. The CMS Portugal team included a diverse group of specialists covering corporate M&A, TMC, labour, tax, and energy sectors, highlighting the multifaceted expertise needed for the transaction.
Sectors
- Industrial Goods and Services
- Information Technology & Automation
- Legal Services
Geography
- Sweden – Atlas Copco Group, the acquirer, is a Swedish company, anchoring the deal to this region.
- Portugal – Neadvance, the target company, is located in Portugal, making it the geographical focus of the acquisition.
Industry
- Industrial Goods and Services – The article involves Atlas Copco, a well-known entity in the industrial sector, which deals with a wide range of solutions including compressed air and vacuum technologies.
- Information Technology & Automation – The acquisition of Neadvance, a software automation company, places this deal within the Information Technology and Automation sector.
- Legal Services – CMS Portugal played a legal advisory role in the acquisition process, relevant to the Legal Services industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Atlas Copco Group | Acquirer | Company | A Swedish multinational specializing in industrial technologies and solutions. |
| Neadvance Machine Vision | Target | Company | A Portuguese company providing software and automation solutions. |
| CMS Portugal | Legal Advisor | Company | The law firm advising Atlas Copco on the acquisition deal. |
| Tiago Valente de Oliveira | Lead Advisor | Person | Partner in the corporate M&A area at CMS Portugal leading the advisory team. |
| Pinto Brasil Group | Former Owner | Company | The previous owner of Arlgica before its acquisition by Atlas Copco. |