BRIEF-Atlas Copco to buy Meyco in Switzerland

STOCKHOLM Fri Dec 21, 2012 3:03am EST

STOCKHOLM Dec 21 (Reuters) - Atlas Copco : * To acquire meyco, broadens offering for tunneling and mining * agreed to acquire the Switzerland-based MEYCO Equipment business from BASF Construction Chemicals Europe AG. * The acquisition broadens Atlas Copco's offering with mobile equipment for applying sprayed concrete (shotcreting) in underground operations * MEYCO has about 40 employees and had revenues in 2011 of around MEUR 20 (MSEK 175).