Atlas Copco Has Completed the Acquisition of BLM.STOCKHOLM, Sweden -- Atlas Copco Atlas Copco is a Swedish industrial company that was founded in 1873. It manufactures industrial tooling and equipment. The Atlas Copco Group, founded already in 1873, is a global industrial group of companies headquartered in Stockholm, Sweden. Italia S.p.A. has completed its acquisition of Italian control instruments and torque measurement manufacturer BLM BLM n abbr (US) (= Bureau of Land Management) → les domaines s.r.l.. BLM's turnover in 2004 was approximately MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm) MSEK Million Swedish Kroner 59 (MEUR MEUR Million Euros 6.4) and it has 44 employees. BLM, based near Milan, specializes in torque and tightening testing equipment with 90% of sales to the motor vehicle industry. BLM's products are complementary to Atlas Copco Tools and Assembly Systems' range, and have mainly been sold in Europe up to now. By adding Atlas Copco's worldwide general industry and motor vehicle industry channels to market, the business is expected to grow significantly. BLM joins the Atlas Copco Tools and Assembly Systems division within the Industrial Technique business area, operating under the Atlas Copco brand. Atlas Copco is an international industrial Group with its head office in Stockholm, Sweden. In 2004, the Group had revenues of approximately BSEK 49, with 98% of revenues outside Sweden. The Group has more than 25 000 employees. The Group produces and markets compressed air compressed air, air whose volume has been decreased by the application of pressure. Air is compressed by various devices, including the simple hand pump and the reciprocating, rotary, centrifugal, and axial-flow compressors. equipment and generators, construction and mining equipment, industrial tools, and assembly systems and offers related service and equipment rental. The Atlas Copco Group includes famous brands such as Atlas Copco, RSC RSC Royal Society of Chemistry (UK) RSC Royal Shakespeare Company RSC Responsabilidad Social Corporativa (Spanish: corporate social responsibility) RSC Royal Society of Canada Equipment Rental, and CP. More information can be found on atlascopco.com. Atlas Copco Tools and Assembly Systems develops, manufactures and markets hand-held electric and pneumatic tools pneumatic tool (n  măt`ĭk), instrument activated by air pressure. Pneumatic tools are designed around three basic devices: the air cylinder, the vane motor, and the sprayer. and assembly systems. The products are primarily sold to the automotive and general industry world-wide. With customer service centers in many parts of the world, the company offers not only a complete range of products and service but also global project management for multi-national customers. The headquarters are located in Stockholm, Sweden. Atlas Copco Tools and Assembly Systems is a division within the Industrial Technique business area of the Atlas Copco Group. See www.atlascopco.com This information was brought to you by Waymaker http://www.waymaker.net |
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