Enabling the transformation to a low-carbon society

Fully committed to being part of the solution for a better tomorrow, we have set science-based targets to reduce greenhouse gas emissions in line with the goals of the Paris Agreement.
Thumbnail image for a video introducing our science-based targets

Enabling the transformation to a low-carbon society

Fully committed to being part of the solution for a better tomorrow, we have set science-based targets to reduce greenhouse gas emissions in line with the goals of the Paris Agreement.
Thumbnail image for a video introducing our science-based targets

Enabling the transformation to a low-carbon society

Fully committed to being part of the solution for a better tomorrow, we have set science-based targets to reduce greenhouse gas emissions in line with the goals of the Paris Agreement.
Thumbnail image for a video introducing our science-based targets

Enabling the transformation to a low-carbon society

Fully committed to being part of the solution for a better tomorrow, we have set science-based targets to reduce greenhouse gas emissions in line with the goals of the Paris Agreement.
Thumbnail image for a video introducing our science-based targets

Enabling the transformation to a low-carbon society

Fully committed to being part of the solution for a better tomorrow, we have set science-based targets to reduce greenhouse gas emissions in line with the goals of the Paris Agreement.
Thumbnail image for a video introducing our science-based targets

Enabling the transformation to a low-carbon society

Fully committed to being part of the solution for a better tomorrow, we have set science-based targets to reduce greenhouse gas emissions in line with the goals of the Paris Agreement.
Thumbnail image for a video introducing our science-based targets

Enabling the transformation to a low-carbon society

Fully committed to being part of the solution for a better tomorrow, we have set science-based targets to reduce greenhouse gas emissions in line with the goals of the Paris Agreement.
Thumbnail image for a video introducing our science-based targets

Enabling the transformation to a low-carbon society

Fully committed to being part of the solution for a better tomorrow, we have set science-based targets to reduce greenhouse gas emissions in line with the goals of the Paris Agreement.
Thumbnail image for a video introducing our science-based targets

Are you up for a challenge?

Join us on an interactive journey to learn more about our culture.
Atlas Copco colleagues in discussion.

Are you up for a challenge?

Join us on an interactive journey to learn more about our culture.
Atlas Copco colleagues in discussion.

Are you up for a challenge?

Join us on an interactive journey to learn more about our culture.
Atlas Copco colleagues in discussion.

Are you up for a challenge?

Join us on an interactive journey to learn more about our culture.
Atlas Copco colleagues in discussion.

Are you up for a challenge?

Join us on an interactive journey to learn more about our culture.
Atlas Copco colleagues in discussion.

Innovation stories

Do you want to learn about our innovations? How operators benefit from our ergonomic equipment or how we secure a minimal impact on the environment?
Corporate people observing parts of products in the field, cover image, ideas, backlight, touch screen

Innovation stories

Do you want to learn about our innovations? How operators benefit from our ergonomic equipment or how we secure a minimal impact on the environment?
Corporate people observing parts of products in the field, cover image, ideas, backlight, touch screen

Innovation stories

Do you want to learn about our innovations? How operators benefit from our ergonomic equipment or how we secure a minimal impact on the environment?
Corporate people observing parts of products in the field, cover image, ideas, backlight, touch screen

Innovation stories

Do you want to learn about our innovations? How operators benefit from our ergonomic equipment or how we secure a minimal impact on the environment?
Corporate people observing parts of products in the field, cover image, ideas, backlight, touch screen

Innovation stories

Do you want to learn about our innovations? How operators benefit from our ergonomic equipment or how we secure a minimal impact on the environment?
Corporate people observing parts of products in the field, cover image, ideas, backlight, touch screen

Our annual Industrial Ideas magazine

features stories about how we innovate for a sustainable future and push technology and society forward together with our customers.
Atlas Copco's Industrial Ideas magazine

Our annual Industrial Ideas magazine

features stories about how we innovate for a sustainable future and push technology and society forward together with our customers.
Atlas Copco's Industrial Ideas magazine

Our annual Industrial Ideas magazine

features stories about how we innovate for a sustainable future and push technology and society forward together with our customers.
Atlas Copco's Industrial Ideas magazine

Our annual Industrial Ideas magazine

features stories about how we innovate for a sustainable future and push technology and society forward together with our customers.
Atlas Copco's Industrial Ideas magazine

Our annual Industrial Ideas magazine

features stories about how we innovate for a sustainable future and push technology and society forward together with our customers.
Atlas Copco's Industrial Ideas magazine

Our annual Industrial Ideas magazine

features stories about how we innovate for a sustainable future and push technology and society forward together with our customers.
Atlas Copco's Industrial Ideas magazine
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Atlas Copco plans to divest its electric tool business

May 14, 2004

Stockholm, Sweden, May 14, 2004 – Atlas Copco has initiated a process with the objective to sell its electric tool business. In 2003, the business had revenues of approximately MUSD 700 (MSEK 5 700) and 3 100 employees.

Göran Gezelius, Senior Executive Vice President, Business Area Industrial Technique says, “Atlas Copco’s electric tool business is stable and profitable, and it has significant markets shares, particularly in North America. The business is, however, still far from the Group’s desired position of globally being number one or two in the markets we serve.“  The synergies between the electric tool business and other businesses within the Atlas Copco Group are limited in distribution, manufacturing and product development. Also, the selling process is different. While the electric tool divisions sell to industrial distributors and retailers, most other divisions sell directly to industrial end-users and only to certain extent through distributors.  Atlas Copco’s electric tool business consists of two divisions within the Industrial Technique business area: AEG Electric Tools acquired in 1991 and Milwaukee Electric Tool acquired in 1995. Sales are chiefly done under the Milwaukee brand, and two thirds of sales are done in North America. Besides the electric tool business, the business area has two industrial tool divisions, with total revenues of approximately MUSD 600 (MSEK 4 850) in 2003.  Merrill Lynch International is advising Atlas Copco in this matter. CONTACT:  Göran Gezelius, Senior Executive Vice President, Business Area Industrial Technique,  +46 70 569 8505  Hans Ola Meyer, Chief Financial Officer, Atlas Copco AB  +46 70 588 8292  The Atlas Copco Group is a global industrial group of companies headquartered in Stockholm, Sweden. In 2003, the Group had revenues of BSEK 44.6, with 98% of the revenues outside Sweden, and close to 26 000 employees. Atlas Copco Group companies develop, manufacture, and market electric and pneumatic tools, compressed air equipment and generators, construction and mining equipment, assembly systems and offers related services and equipment rental. More information is available on www.atlascopco-group.com.