Atlas Copco Acquires U.S. Construction Tools Company
STOCKHOLM -- September 10, 2013
Atlas Copco (STO:ATCOA) (STO:ATCOB), a leading provider of sustainable
productivity solutions, has acquired Pneumatic Holdings Inc., a leading U.S.
provider of pneumatic light construction tools.
Pneumatic Holdings, based in Santa Fe Springs, California, provides light
pneumatic construction tools including paving breakers, chipping hammers,
rivet busters and rock drills. The company has 16 employees and had revenue in
2012 of MUSD 10.8 (MSEK 73). The new legal owner is Atlas Copco Construction
Mining Technique USA, LLC.
“The acquisition of Pneumatic Holdings strengthens our distribution and
presence in the North American construction market,” said Nico Delvaux,
President of Atlas Copco’s Construction Technique business area.
Pneumatic Holdings’s main customer segments consist of contractors and rental
companies within the construction industry. The company becomes part of the
Construction Tools division in Atlas Copco’s Construction Technique business
Atlas Copcois an industrial group with world-leading positions in
compressors, expanders and air treatment systems, construction and mining
equipment, power tools and assembly systems. With innovative products and
services, Atlas Copco delivers solutions for sustainable productivity. The
company was founded in 1873, is based in Stockholm, Sweden, and has a global
reach spanning more than 170 countries. In 2012, Atlas Copco had 39 800
employees and revenues of BSEK90.5 (BEUR 10.5).Learn more
Atlas Copco’s Construction Technique business area provides construction and
demolition tools, portable compressors, pumps and generators, lighting towers,
and compaction and paving equipment. It offers service through a global
network. Construction Technique innovates for sustainable productivity in
infrastructure, civil works, oil and gas, energy, drilling and road
construction projects. Principal product development and manufacturing units
are located in Belgium, Germany, Sweden, the United States, China, India and
This information was brought to you by Cision http://news.cision.com
Business Area President
+86 (0)21 22 08 48 88
Media Relations Manager
+46 (0)8743 8060
or +46 (0)70 347 2455
Press spacebar to pause and continue. Press esc to stop.