RSC announces small strategically complementary acquisitions

December 2, 1999

Atlas Copco is pleased to announce that Rental Service Corporation (RSC) has recently completed the acquisitions of Hartland Rental, Inc.; S&L Rental Sales and Service LLC; Sully’s Tool Rental, Inc.; Mississippi Valley Contractors Equipment, Inc.; Limestone Rental & Sales, Inc.; and Sarge’s A-1 Rental, Inc. These six acquired companies operated a combined nine locations in Kansas (2), Ohio (3), Oklahoma (1) and Wisconsin (3), and had total combined trailing twelve months revenues of approximately SEK 40 m.

Douglas A. Waugaman, President and Chief Operating Officer of RSC, stated: “I am extremely pleased to announce the completion of these recent acquisitions. This confirms our strategic plan to continue to expand our footprint across North America.”

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Rental Service Corporation, a division of Atlas Copco, is a leader in the rapidly growing equipment rental industry, serving the needs of a wide variety of industrial, manufacturing and construction markets. Headquartered in Scottsdale, Arizona, RSC operates in 30 states in the United States and in Canada. Additional information is available at the company’s website: www.rentalservice.com.

Atlas Copco is an international group of industrial companies with its head office in Stockholm, Sweden. In 1998, the Group had revenues of SEK 33.7 billion, with 97 percent of revenues outside Sweden, and more than 23,000 employees. Atlas Copco companies develop, manufacture, and market electric and pneumatic tools, compressed air equipment, construction and mining equipment, and assembly systems and offer related service and equipment rental. Additional information about Atlas Copco is available at the Group’s web site: www.atlascopco.com.