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Atlas Copco Acquires Austrian Mobile Crushing and Screening Company - Atlas Copco Austria GmbH has acquired Hartl Anlagenbau GmbH, Austria, a company that manufactures and sells mobile crushers and screeners
Atlas Copco Acquires Austrian Mobile Crushing and Screening Company

 

PRZOOM - /newswire/ - Stockholm, Sweden, 2010/08/31 - Atlas Copco Austria GmbH has acquired Hartl Anlagenbau GmbH, Austria, a company that manufactures and sells mobile crushers and screeners.

   
 
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By this acquisition Atlas Copco will enter the growing mobile crushing and screening market, thereby strengthening the Group’s offering in the areas of quarrying and recycling.

“The acquisition increases Atlas Copco’s participation in the customer value chain and makes us a more complete partner to our customers in these segments,”says Björn Rosengren, Business Area President of Atlas Copco Construction & Mining Technique.

Hartl Anlagenbau GmbH is a privately owned company based in St. Valentin, Austria and currently employs approximately 110 people. In 2009 the company’s total revenues were MEUR 21 (MSEK 197). The products are mainly distributed through a dealer network and partners. Hartl will become a product company within the Atlas Copco Surface Drilling Equipment division. The parties have agreed not to disclose the purchase price.

For further information please contact:
Björn Rosengren, Business Area President, Construction and Mining Technique
T: +86 1370 1966 816 (Chinese mobile) or +46 (0)70 417 8502 (Swedish mobile)

Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act.

Atlas Copco (atlascopco.com) is an industrial group with world-leading positions in compressors, construction and mining equipment, power tools and assembly systems. The Group delivers sustainable solutions for increased customer productivity through innovative products and services. Founded 1873, the company is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2009, Atlas Copco had about 30 000 employees and revenues of BSEK 64 (BEUR 6.0).

Atlas Copco’s Construction and Mining Technique business area develops, manufactures, markets and services rock drilling tools, construction and demolition tools, drill rigs and equipment. It innovates for superior productivity in surface and underground rock excavation, exploration drilling, rock reinforcement, ground engineering, water well, oil and gas drilling, and compaction and paving equipment worldwide. The business area has its principal product development and main manufacturing units in Sweden and the United States.

 
 
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Agency / Source: Atlas Copco AB

 
 

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Atlas Copco Acquires Austrian Mobile Crushing and Screening Company

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Atlas Copco |
Contact: Love Liman - AtlasCopco.com 
+46 (0)8 743 8060 / +46 (0)73 318 8060 media[.]se.atlascopco.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Atlas Copco AB securities in any jurisdiction including any other companies listed or named in this release.

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