Key Developments: Atlas Copco AB (ATCOb.ST)

ATCOb.ST on Stockholm Stock Exchange

23 Dec 2014
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3.50kr (+1.75%)
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Latest Key Developments (Source: Significant Developments)

Atlas Copco to acquire U.S. Bolting Solutions Specialist
Tuesday, 16 Dec 2014 02:59am EST 

Atlas Copco AB:Agrees to acquire Titan Technologies International Inc., a provider of powerful bolting tools to the oil and gas and other industries.The privately owned company sells hydraulic torque wrenches as well as pumps and accessories.The products are used to ensure joint integrity during great pressure, for example on oil rigs, wind farms, ship yards and bridges.Acquired business will become part of the Chicago Pneumatic Tools division in the Industrial Technique business area.Says acquisition is expected to be finalized during the first quarter of 2015.  Full Article

Atlas Copco AB completes acquisition of self-pierce riveting business
Wednesday, 10 Sep 2014 08:00am EDT 

Atlas Copco AB:Company closed acquisition of all entities of self-pierce riveting specialist Henrob with main facilities in U.S. and U.K.Acquisition offers Atlas Copco an opportunity to expand in fast-growing market segment, with state-of-the art technology.  Full Article

Atlas Copco AB acquires compressor business
Wednesday, 3 Sep 2014 02:38am EDT 

Atlas Copco AB:Acquires the compressor distribution and service business from the Lancaster Group in New Zealand.Says the acquired businesses are those of Ash Air (NZ) Ltd., Fox Air NZ Ltd., MBAR 2011 Ltd. and Ash Air Oil & Gas Ltd.  Full Article

Atlas Copco AB to acquire self-pierce riveting business
Wednesday, 13 Aug 2014 08:00am EDT 

Atlas Copco AB:Announces that Atlas Copco U.K. Holding Ltd., Atlas Copco North America LLC and Atlas Copco Asia Pacific Pty Ltd. have signed an agreement to acquire all entities of self-pierce riveting specialist Henrob with main facilities in the U.S. and the U.K.Says the acquisition is subject to certain governmental approvals and is expected to close in the third quarter 2014.  Full Article

Atlas Copco AB receives compressed air equipment orders in Kazakhstan
Monday, 11 Aug 2014 03:00am EDT 

Atlas Copco AB:Has won orders for compressed air and gas purification equipment to be delivered to Tengizchevroil Future Growth Project and Wellhead Pressure Management Project.Total order value is close to MEUR 40 (MSEK 370).Atlas Copco was selected to manufacture and deliver air compressors, cooling systems and air and gas purification packages to be installed as part of project to expand production at Tengiz oil and gas field in western Kazakhstan.Orders were placed in Q2 2014, and delivery is scheduled for early 2016.  Full Article

Atlas Copco opens regional distribution center in China
Tuesday, 13 May 2014 02:39am EDT 

Atlas Copco AB:Says it has opened a new regional distribution center that will benefit customers in China and the Asia Pacific Region.The distribution center is located close to the Pudong International Airport, Shanghai, China.  Full Article

Atlas Copco AB finalizes acquisition of U.S. compressor distribution
Monday, 5 May 2014 02:30am EDT 

Atlas Copco AB:Finalizes acquisition of compressor business of National Pump & Compressor Ltd and McKenzie Compressed Air Inc in United States National Pump & Compressor's business is located in Texas and Alabama while McKenzie Compressed Air is focused on Texas.  Full Article

Atlas Copco names Hans Straberg Chairman
Wednesday, 30 Apr 2014 02:30am EDT 

Atlas Copco AB:Elects Hans Straberg new Chairman of the Board.He replaces Sune Carlsson, who did not stand for re-election.  Full Article

Atlas Copco to acquire U.S. compressor distribution
Tuesday, 15 Apr 2014 02:37am EDT 

Atlas Copco AB:To acquire compressor business of National Pump & Compressor Ltd. and McKenzie Compressed Air Inc.Acquisitions are expected to close in second quarter 2014.  Full Article

Atlas Copco to upgrade 26 Dutch trams with oil-free compressors
Monday, 7 Apr 2014 08:00pm EDT 

Atlas Copco AB:Says Atlas Copco Railway Competence Center is to deliver the first of 26 SFR 5 kW oil-free compressors with integrated maintenance-free dryers to Vossloh-Kiepe in Germany.The customer is upgrading the BRU’s tram system in Utrecht, Netherlands.Scope of the project includes replacing the compressed air and air treatment equipment on BRU’s 1980’s SIG railcars.No financial details.  Full Article

UPDATE 1-Atlas Copco stands by outlook for slightly higher demand

(Adds details about outlook, acquisitions, adds CHARLOTTE to dateline)

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