May 2, 2017
Stockholm, Sweden, May 2, 2017: Atlas Copco, a leading provider of sustainable productivity solutions, informs that Nico Delvaux, President of the Compressor Technique business area, has decided to take on a position outside Atlas Copco. His last day with Atlas Copco will be latest November 1, 2017.
"Nico is an appreciated Atlas Copco leader who has developed Compressor Technique into a strong, customer-focused business with high profitability,” said Mats Rahmström, President and CEO of the Atlas Copco Group. "We are grateful for his contributions over the years and wish him success in his new position." Nico Delvaux joined Atlas Copco in 1991. He has held management positions in several markets including Benelux, Italy, Canada and the United States. Nico Delvaux was President of the Service division within Compressor Technique before he became Business Area President for Construction Technique in 2011. He holds his current position since 2014. The recruitment of Nico Delvaux’s successor will start immediately.
This information is information that Atlas Copco AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 15.45 CEST on May 2, 2017. Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2016, Atlas Copco had revenues of BSEK 101 (BEUR 11) and about 45 000 employees.