Edwards Shareholders Approve Acquisition by Atlas Copco
STOCKHOLM, Sweden -- October 4, 2013
Atlas Copco (STO:ATCOA)(STO:ATCOB):
At an extraordinary general meeting today, a needed majority of shareholders
of Edwards Group Ltd. approved the merger agreement whereby Atlas Copco will
acquire Edwards, a leading global supplier of vacuum and abatement solutions.
The acquisition of Edwards offers Atlas Copco, a leading provider of
industrial sustainable productivity solutions, an opportunity to expand into a
growing business which serves industries that are well-known to Atlas Copco.
There are several synergies between vacuum and compressed air solutions in
sales, service and technology development.
The transaction, which was first announced on August 19, 2013, and will be
completed by way of a merger, remains subject to antitrust clearance. It is
expected to close in the first quarter of 2014.
For more information, please visit: www.atlascopco.com/ir.
Atlas Copco discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act.
Atlas Copco is 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
800employees and revenues of BSEK90.5 (BEUR 10.5). Learn more at
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Mattias Olsson, Vice President Investor Relations
+46 (0)8 743 8295 or +46 (0)72 729 8295
Ola Kinnander, Media Relations Manager
+46 (0)8743 8060 or +46 (0)70 347 2455
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