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...

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...

January 15, 1998

Appointments

Stockholm, January 15, 1998---Peter Möller, Vice President of Saab Automobile, has been appointed President of Atlas Copco’s Industrial Tools and Equipment Division. He has been responsible for technical development and production within Saab Automob...