Atlas Copco Board of Directors proposes to split the Group in 2018
Stockholm, Sweden, January 16, 2017: Atlas Copco, a leading provider of sustainable productivity solutions, will initiate work in order to propose to the Annual General Meeting 2018 to decide on a split of the Group into two listed companies, Atlas Copco and “NewCo” (working name), and to distribute NewCo to the shareholders.NewCo will focus on mining/civil engineering customers and include the existing Mining and Rock Excavation Technique business area and the Construction Tools division with related service operations. This business has approximately 12 000 employees and had pro forma