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Atlas Copco AB (ATCOa.ST)

ATCOa.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Atlas Copco's US unit acquires compressor distributor
Friday, 15 Apr 2016 02:30am EDT 

Atlas Copco AB:Says acquires U.S. compressor distributor.Atlas Copco's U.S.based Quincy Compressor LLC has acquired Scales Industrial Technologies Inc., which distributes, services and rents out industrial air compressors and ancillary systems.The company has about 180 employees.The parties have agreed not to disclose the purchase price.  Full Article

Atlas Copco acquires french compressor distributor
Monday, 4 Apr 2016 02:30am EDT 

Atlas Copco AB:Atlas Copco acquires french compressor distributor with six employees.  Full Article

Atlas Copco to close two US facilities
Wednesday, 23 Mar 2016 03:30am EDT 

Atlas Copco AB:To consolidate mining consumables operations in United States.Says will close the facilities in Grand Prairie, Texas, and Salt Lake City, Utah, which belong to the Rock Drilling Tools division in the Mining and Rock Excavation Technique business area.Says about 140 people in total will be affected​.Says there will be about 65 Swedish crowns in restructuring costs, which will be booked starting in Q2 2016 and into 2017.Production will move to Fort Loudon, Pennsylvania, where investments will be made in people and the facility.In Grand Prairie, Atlas Copco manufactures rock excavation products.Transition of those production capabilities will begin around Nov. 2016 and be completed in 2017.Salt Lake City facility produces drill bits; the transition of its production capabilities will be completed by mid-2016.  Full Article

Atlas Copco AB says to buy Italian compressor maker FIAC
Tuesday, 26 Jan 2016 02:30am EST 

Atlas Copco AB:Has agreed to acquire FIAC, an Italian manufacturer of piston compressors and related equipment with a global sales network.FIAC is has about 400 employees.Says FIAC ‍had revenues in FY 2014 of about 70 million euros (640 million Swedish crowns).Acquisition is subject to regulatory approvals and is expected to be completed during Q1 2016​.  Full Article

Atlas Copco completes acquisition of Italian pump manufacturer
Tuesday, 12 Jan 2016 02:45am EST 

Atlas Copco AB:Says has completed the acquisition of Varisco, an Italian pump manufacturer with a global sales network.  Full Article

Atlas Copco AB completes acquisition of U.S. vacuum parts and service firm
Tuesday, 5 Jan 2016 02:30am EST 

Atlas Copco AB:Completes acquisition of U.S. vacuum parts and service firm.  Full Article

Atlas Copco AB says buys assets of U.S. compressor distributor
Monday, 21 Dec 2015 02:30am EST 

Atlas Copco AB:Atlas Copco acquires U.S. compressor distributor.Says ‍has acquired operational assets of Air Supply Systems Inc.​.Says six employees join Atlas Copco as part of deal.Says ‍parties have agreed not to disclose purchase price​.  Full Article

Atlas Copco AB says buys assets of U.S. compressor distributor
Tuesday, 15 Dec 2015 02:30am EST 

Atlas Copco AB:Acquires U.S. compressor distributor.Says ‍has acquired operational assets of Air Supply Systems Inc.​.Says six employees join Atlas Copco as part of deal.Says ‍parties have agreed not to disclose purchase price​.  Full Article

Atlas Copco AB says to buy Italian pump maker
Wednesday, 9 Dec 2015 02:30am EST 

Atlas Copco AB:To acquire Italian pump manufacturer.Says ‍acquiring Varisco which is based in Padua near Venice, Italy, and had revenues in FY 2014 of 30 million euros.Says acquisition is expected to be completed shortly, parties have agreed not to disclose the purchase price​.  Full Article

Atlas Copco AB buys U.S. vacuum pump service company
Friday, 4 Dec 2015 02:30am EST 

Atlas Copco AB:Has acquired U.S. vacuum pump service provider Innovative Vacuum Solutions Inc.Says Innovative Vacuum Solutions had revenues in FY 2014 of about $4.2 million (32 million Swedish crowns).  Full Article

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Atlas Copco eyes more acquisitions in Industrial Tech unit

ANTWERP Swedish compressor and mining gear maker Atlas Copco is eyeing more acquisitions in its Industrial Technique unit, where new materials used to build cars is spurring demand for other assembly techniques than welding.