Atlas Copco to acquire German calibration specialist
October 5, 2011
Stockholm, Sweden, October 5, 2011: Atlas Copco-owned TBB Industrial Tools Services GmbH has agreed to acquire Kalibrierdienst Stenger, a Germany-based business specialized in calibration of measuring instruments for industrial tools.
Kalibrierdienst Stenger’s main customer groups are the general manufacturing and automotive industries. The business, which currently employs seven people, holds official accreditations for a wide range of calibration services. “This acquisition provides an additional base from which to grow and develop our existing aftermarket offering to our customers in the automotive and general industries” says Mats Rahmström, President of Atlas Copco’s business area Industrial Technique. Kalibrierdienst Stenger’s employees will join the Atlas Copco Industrial Technique services organization in Germany as a result of the acquisition. The parties have agreed not to disclose the purchase price.
For further information please contact:
- Mats Rahmström, Business Area President, Industrial Technique +46 (0)8 743 9350 or +46 (0)70 889 9350
- Daniel Frykholm, Media Relations Manager +46 (0)8 743 8060 or +46 (0)70 865 8060 Atlas Copco is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2010, Atlas Copco had 33 000 employees and revenues of BSEK 70 (BEUR 7.3). Atlas Copco’s Industrial Technique business area provides industrial power tools, assembly systems, quality assurance products, software and services through a global network. It innovates for sustainable productivity for customers in the automotive and aerospace industries, industrial manufacturing and maintenance, and in vehicle service. Principal product development and manufacturing units are located in Sweden, France and Japan.