Releases - Atlas Copco

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Atlas Copco completes acquisition of GIA

1/31/2012 7:00 AM EST
Stockholm, Sweden, January 31, 2012: Atlas Copco AB has today completed the acquisition of GIA Industri AB in Sweden from Vätterledens Verkstad AB, a subsidiary of Vätterledens Invest AB.
The acquired business has 113 employees and annual revenues of about MSEK 230. With the acquisition, Atlas Copco broadens its offering with products including electric mine trucks, utility vehicles, continuous loaders and...

Ronnie Leten comments on Atlas Copco’s Q4 results

1/31/2012 6:01 AM EST
Stockholm, Sweden, January 31, 2012: Atlas Copco today reported fourth quarter results with continued growth in orders and revenues. Profitability remained on a good level. For the full year 2011, Atlas Copco reached new records for sales and operating profit.
“We have had a solid end to a year that was nothing less than fantastic for Atlas Copco,” said Ronnie Leten, President and CEO of the Atlas Copco Group....

Atlas Copco interim report on Q4 and full-year 2011 summary

1/31/2012 6:00 AM EST
(unaudited)
Solid end to a record year

· Order intake increased to MSEK 21 927, organic growth of 14%.
· Revenues increased to MSEK 22 290 (19 401), organic growth of 16%.
· Operating profit increased 15% to MSEK 4 596 (4 007).
- Including restructuring costs of MSEK 125 and a negative effect of MSEK 116 (177) for share-related long-term incentive programs.
· Operating margin at 20.6% (20.7).
- Adjusted...

Atlas Copco ranked 10 on the Global 100 list of sustainable companies

1/25/2012 9:58 AM EST
Stockholm, Sweden, January 25, 2012: Atlas Copco has been ranked the world’s tenth most sustainable company in the annual Global 100 list, presented today at the World Economic Forum in Davos, Switzerland. Atlas Copco is the highest ranked industrial company.
“Our work to develop Atlas Copco in a sustainable and profitable way is yielding results,” said Annika Berglund, Senior Vice President Corporate...

Atlas Copco enters market for dimension stone drilling equipment

1/12/2012 8:00 AM EST
Stockholm, Sweden, January 12, 2012: Atlas Copco Italia S.p.A. has acquired Perfora S.p.A., an Italian company that manufactures and sells drilling and cutting equipment for the dimension stone industry, i.e. quarries that produce raw stone blocks.
Perfora is a privately owned company based in Bagnolo, northern Italy. It currently employs 43 people and has annual revenues of about MEUR 10 (MSEK 90). The...

Atlas Copco’s Q4 report and invitation to a conference call on January 31

1/10/2012 10:00 AM EST
Stockholm, January 10, 2012: Atlas Copco will publish its Q4 results on Tuesday, January 31, at approximately 12:00 PM CET. A combined conference call and presentation for investors, analysts and media will be held at 3:00 PM CET.
Participating from Atlas Copco will be Ronnie Leten, President and CEO, and Hans Ola Meyer, CFO. The conference will be held in English and will begin with a short presentation of the...

Atlas Copco closes acquisition of Houston Service Industries

1/4/2012 9:00 AM EST
Stockholm, Sweden, January 4, 2012: Atlas Copco North America LLC has completed the acquisition of Houston Service Industries, Inc., a U.S. manufacturer of low-pressure blowers and vacuum pumps.
Houston Service Industries has annual revenues of about MUSD 37 (MSEK 240) and 123 employees. With its well-known brand HSI, the company has a strong domestic position in equipment for the wastewater treatment and...

Atlas Copco strengthens presence in Colombia

12/23/2011 10:30 AM EST
Stockholm, Sweden, December 23, 2011: Atlas Copco Colombia Ltda has signed an agreement to take over the sales of drilling equipment and related services from its current distributor Neumatica Del Caribe S.A.
As a result of the acquisition, about 15 employees will join Atlas Copco’s organization in Colombia. Atlas Copco currently has about 140 people in the country, which is an important market for coal mining...

Atlas Copco acquires Chinese compressor business

12/22/2011 2:30 AM EST
Stockholm, Sweden, December 22, 2011: Atlas Copco (China) Investment Co. Ltd has acquired certain assets of Guangzhou Linghein Compressor Co., Ltd. The acquisition supports Atlas Copco’s profitable expansion in China, adding a brand of industrial air compressors with a strong regional presence.
Linghein, founded in 2001, is located in the city of Guangzhou in South-East China. The company has a turnover of...

Atlas Copco to acquire GIA, broadens offering for mining and tunneling

12/16/2011 3:00 AM EST
Stockholm, Sweden, December 16, 2011: Atlas Copco AB has agreed to acquire the underground business of GIA Industri AB from Vätterledens Verkstad AB. With the acquisition, Atlas Copco broadens its offering with products including electric mine trucks, utility vehicles and ventilation systems.
GIA Industri AB was founded in 1884 and has been owned by Vätterledens Verkstad AB since 1994. The GIA headquarter and...

Atlas Copco

The Group produces and markets compressed air equipment and generators, construction and mining equipment, electric and pneumatic tools, and assembly systems and offers related service and equipment rental.

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  CONTACT  
  • Annika Berglund
  • Senior Vice President, Corporate Communications
  • +46 (0)8 743 8070