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1998

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December 17, 1998

Acquisitions

Stockholm, December 17, 1998---Atlas Copco South Africa Inc., has concluded an agreement to purchase Rand Air Ltd., of South Africa, a leading compressed air rental company. Rand Air will join the Atlas Copco Portable Air division. The acquisition is...

November 4, 1998

Acquisitions

Stockholm, November 4, 1998-- Atlas Copco Canada, Inc., has concluded an agreement to purchase the Canadian company JKS Boyles International, Inc., a leading manufacturer of surface and underground drills. JKS Boyles will become part of the Atlas Cop...

October 22, 1998

Financial reports

For the first nine months of 1998, the Atlas Copco Group achieved an operating profit 19 percent higher than for the first nine months of 1997. "More than half of the increase in operating profit resulted from the acquisition of Prime," said Giulio M...

September 23, 1998

Stockholm, September 23, 1998--- The Atlas Copco Group has announced that it will combine the operations of its U.S. subsidiaries Atlas Copco Rental, Inc., and Prime Service, Inc., to better satisfy the needs of industrial firms for rental equipment....

August 4, 1998

Financial reports

Stockholm, August 4, 1998 --- For the first six months of 1998, the Atlas Copco Group achieved operating profit 26 percent stronger than in the first half of 1997. "Despite higher financial costs for our expansion into the equipment rental business i...

April 8, 1998

Stockholm April 8, 1998---Atlas Copco AB has issued a USD 375 million Yankee bond (rule 144a). The bond loan has a 10-year maturity and a coupon of 6.50 %.