Atlas Copco Holding GmbH (STO:ATCOA) (STO:ATCOB) has completed the acquisition of Rodcraft Beteiligungsgesellschaft mbH, Germany, and all its subsidiary companies. The Rodcraft Group of companies has an annual revenue of approximately MSEK 208 (MEUR 23) and 78 employees in 2006.
Rodcraft Group, headquartered in Mulheim an der Ruhr, Germany, has been supplying the automotive aftermarket industry for over 25 years with pneumatic tools and workshop equipment. The Rodcraft Group has grown significantly over this period and today it supports a wide distribution network in over 50 countries around the world. See also www.rodcraft.com
Rodcraft will be integrated into the CP Vehicle Service division within Atlas Copco's Industrial Technique business area. It will continue to operate under its current name.
Atlas Copco is a world leading provider of industrial productivity solutions. The products and services range from compressed air and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket and rental. In close cooperation with customers and business partners, and with more than 130 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group's global reach spans more than 150 markets. In 2006, Atlas Copco had 25 900 employees and revenues of BSEK 51 (BEUR 5.6). Learn more at www.atlascopco.com.
CP Vehicle Service is a division within Atlas Copco's Industrial Technique business area. It markets power tools and solutions primarily to tire, engine repair, and body shops, as well as sophisticated wheel tightening solutions for the vehicle service aftermarket worldwide. The division is headquartered in Nantes, France. More information is available on www.cp.com.
This information was brought to you by Waymaker http://www.waymaker.net
