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Atlas Copco divests part of ABIRD in Netherlands
- 20th January 2008
- Materials Handling
The divested business, which includes the ABIRD brand name, has annual revenues of about MSEK 94 (MEUR 10) and relates to rental of equipment including welding tools and lighting. The buyer is Wichard Oorschot, General Manager of ABIRD, through the investment company DRIBA Holding B.V.
"This divestment will help us focus on our core business and better serve our rental customers in the Netherlands. We also believe that the divested part is in the right hands to grow," says Ronnie Leten, President of Atlas Copco's business area Compressor Technique.
Atlas Copco's specialty rental business in the Netherlands will operate under the name Atlas Copco ABIRD for the next 18 months.
Other news articles from Atlas Copco Construction & Mining Ltd
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- Atlas Copco awarded for exemplary environmental program
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Atlas Copco acquires holding in Indian drilling technology companies- Atlas Copco’s John Munck Award recognizes control system for mining and construction equipment
- New board members proposed for Atlas Copco AB
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- Gunnar Brock comments on Atlas Copco’s Q3 results
- Atlas Copco wins major order for American geothermal industry
- Atlas Copco restructures assembly of pneumatic tools
Atlas Copco strengthens its presence in the Balkans
Atlas Copco to divest part of Australian rental operation
Atlas Copco invests in German turbomachinery production- Atlas Copco acquires Mafi-Trench, expands in oil and gas markets
- Gunnar Brock comments on Atlas Copco’s Q2 results
- Atlas Copco to utilize mandate in connection to its share value based incentive programs
- Atlas Copco acquires remaining shares in Chinese drill bit maker Wuxi-Hobic
- Atlas Copco carries out funding plan
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- Report from Atlas Copco’s Annual General Meeting 2007
- Gunnar Brock comments on Atlas Copco’s Q1 results
- Atlas Copco has completed Greenfield acquisition
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- Atlas Copco to acquire Dynapac, expanding its presence in the construction market
- Atlas Copco Report on Q4 and full-year 2006 summary (unaudited)
- Atlas Copco receives large contract for Chinese chemical and petrochemical market
Atlas Copco wins large order to supply mine in the Democratic Republic of Congo- Atlas Copco Airpower celebrates 50 years of success
- Brock comments on Atlas Copco’s Q3 results
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