Atlas Copco enters market for dimension stone drilling equipment
Stockholm, Sweden, January 12, 2012: Atlas Copco Italia S.p.A. has acquired Perfora S.p.A., an Italian company that manufactures and sells drilling and cutting equipment for the dimension stone industry, i.e. quarries that produce raw stone blocks.
Perfora is a privately owned company based in Bagnolo, northern Italy. It currently employs 43 people and has annual revenues of about MEUR 10 (MSEK 90). The products, which include diamond wire saws and drill rigs specifically designed for dimension stone applications, are distributed through direct sales and local dealers in selected countries around the world.
“Perfora is a leading supplier in this segment, with a strong customer focus and high quality products,” said Bob Fassl, Business Area President of Atlas Copco Mining and Rock Excavation Technique. “We see good growth opportunities through this deal. As part of the Atlas Copco Group, Perfora becomes a unique global supplier of tailor made equipment for dimension stone producers.”
Perfora will be part of the Atlas Copco Surface Drilling division. The parties have agreed not to disclose the purchase price. For more information about Perfora, see www.perfora.com .
For further information please contact:
Bob Fassl, Business Area President, Mining and Rock Excavation Technique
+46 (0)8 743 8314 or +1 469 766 6242
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). Learn more at www.atlascopco.com .
Atlas Copco’s Mining and Rock Excavation Technique business area provides equipment for drilling and rock excavation, a complete range of related consumables and service through a global network. The business area innovates for sustainable productivity in surface and underground mining, infrastructure, civil works, well drilling and geotechnical applications. Principal product development and manufacturing units are located in Sweden, the United States, Canada, China and India.