September 12, 2013, Stockholm, Sweden – Atlas Copco has
acquired Pneumatic Holdings Inc., a leading U.S. provider of pneumatic light
construction tools.
September 12, 2013, Stockholm, Sweden – Atlas Copco has
acquired Pneumatic Holdings Inc., a leading U.S. provider of pneumatic light
construction tools.
Pneumatic Holdings, based in Santa Fe Springs, California,
provides light pneumatic construction tools including paving breakers, chipping
hammers, rivet busters and rock drills. The company has 16 employees and had
revenue in 2012 of MUSD 10.8 (MSEK 73). The new legal owner is Atlas Copco
Construction Mining Technique USA, LLC.
“The acquisition of Pneumatic Holdings strengthens our
distribution and presence in the North American construction market,” said Nico
Delvaux, President of Atlas Copco’s Construction Technique business area.
Pneumatic Holdings’s main customer segments consist of
contractors and rental companies within the construction industry. The company
becomes part of the Construction Tools division in Atlas Copco’s Construction
Technique business area.
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