Atlas Copco acquires U.S. construction tools company
Stockholm, Sweden, September 10, 2013: Atlas Copco, a leading provider of sustainable productivity solutions, has acquired Pneumatic Holdings Inc., a leading U.S. provider of pneumatic light construction tools.
“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 area.
For further information please contact:
- Nico Delvaux, Business Area President, Construction Technique +86 (0)21 22 08 48 88
- Ola Kinnander, Media Relations Manager +46 (0)8 743 8060 or +46 (0)70 347 2455
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 Brazil.