July 13, 2006
Stockholm, Sweden, July 13, 2006: Atlas Copco AB has acquired BEMT Tryckluft AB, Sweden, and its subsidiary companies in Lithuania and Latvia. The company has a turnover of approximately MSEK 50 (MEUR 5.5) and 40 employees.
BEMT Tryckluft AB, based in Malmö, Sweden, has been active in compressors and compressed air equipment for over 20 years. It is an important distributor on the Swedish compressed air market and is especially strong in the southern part of Sweden. The company is also active in the Baltic States under the name Baltair. BEMT Tryckluft AB is a stable, profitable company. Its aftermarket team has extensive knowledge and logistics channels for servicing many different compressor brands. “The acquisition is in line with Atlas Copco’s multi-brand strategy. Through the acquisition we will be able to offer our Swedish customers a wider and more complete range of industrial compressed air equipment,” says Ronnie Leten, Business Area President, Atlas Copco Compressor Technique. BEMT Tryckluft AB will be part of Atlas Copco Compressor Technique’s Industrial Air division.
Atlas Copco is a world leading provider of industrial productivity solutions. The products and services range from compressed air and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket and rental. In close cooperation with customers and business partners, and with more than 130 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group’s global reach spans more than 150 markets. In 2005, Atlas Copco had 27 000 employees and revenues of BSEK 53 (MEUR 5 600). Learn more at www.atlascopco.com. Industrial Air is a division within Atlas Copco's Compressor Technique business area. It develops, manufactures and markets oil-injected and oil-free air compressors and Quality Air solutions worldwide, under several brands, for all kinds of industries. The division focuses on professional service, air monitoring and connectivity solutions to further improve customers' productivity. The divisional headquarters and main production center are located in Antwerp, Belgium .