Atlas Copco finalizes the acquisition of the Indian part of the Ingersoll-Rand Drilling Solutions business
Atlas Copco finalizes the acquisition of the Indian part of the Ingersoll-Rand Drilling Solutions business Stockholm, Sweden, September 9, 2004: Atlas Copco (India) Ltd, has finalized the acquisition of the Drilling Solutions business from Ingersoll-Rand (India) Ltd., as of the close of business on August 31, 2004. The transaction was valued at BINR 1.375 (MSEK 225), and the business had an annual turnover of approximately BINR 1.2 (MSEK 196) in 2003. As with the global Drilling Solutions transaction, which closed on June 30, 2004, this acquisition will give Atlas Copco India the products