Atlas Copco’s RSC Division Announces Eleven Completed Acquisitions

4 september 2000

Stockholm, Sweden - September 4, 2000 - Rental Service Corporation (RSC), a division in Atlas Copco’s Rental Service business area, has announced that it has completed the acquisitions of eleven companies with a combined 19 locations in Alberta, Canada (2), Colorado (2), Kentucky (8), North Carolina (2), Nebraska (2), Pennsylvania (1), and Wisconsin (2). Combined trailing twelve month revenue is USD10 m. (approximately SEK 94 m.).

The acquisitions increase Rental Service Corporation’s coverage to 32 states, plus Canada. Doug Waugaman, President of the division, stated: “We continue to make these strategic acquisitions, which further extends our operating platform throughout North America.”

Rental Service Corporation (RSC), a division within the Atlas Copco Group, is a leading consolidator 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 the United States and in Canada. More information is available on www.rentalservice.com.

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Atlas Copco is an international industrial Group with its head office in Stockholm, Sweden. In 1999, the Group had revenues of SEK 36 billion (approximately USD 4.2 billion), with 97 percent of revenues outside Sweden, and over 26,000 employees. Atlas Copco companies develop, manufacture, and market electric and pneumatic tools, compressed air equipment and generators, construction and mining equipment, assembly systems, and offer related service and equipment rental.