Atlas Copco completes acquisition of company in healthcare sector
Stockholm, Sweden, August 25, 2006: Atlas Copco North America Inc. has acquired Beacon Holdings Corporation (parent company to BeaconMedaes and Medaes), United States, from The Riverside Company. The BeaconMedaes group is a solutions provider, predominantly of medical air systems and medical utility delivery systems for hospitals.In 2005 revenues were approx. MSEK 720 (MEUR 77) and the operating profit margin approx. 7%. The purchase price, paid in cash, was MSEK 700 (MEUR 75). The BeaconMedaes group is headquartered in Charlotte, North Carolina, the United States and has 386 employees. The