Atlas Copco has acquired Swedish compressed air distributor

Stockholm, Sweden, July 13, 2006: Atlas Copco AB has acquired BEMT Tryckluft AB, Sweden, and its subsidiary companies in Lithuania and Latvia. The company has a turnover of approximately MSEK 50 (MEUR 5.5) and 40 employees.

BEMT Tryckluft AB, based in Malmö, Sweden, has been active in compressors and compressed air equipment for over 20 years. It is an important distributor on the Swedish compressed air market and is especially strong in the southern part of Sweden. The company is also active in the Baltic States under the name Baltair. BEMT Tryckluft AB is a stable, profitable company. Its aftermarket team has extensive knowledge and logistics channels for servicing many different compressor brands. “The acquisition is in line with Atlas Copco’s multi-brand strategy. Through the acquisition we will be able to offer our Swedish customers a wider and more complete range of industrial compressed air equipment,” says Ronnie Leten, Business Area President, Atlas Copco Compressor Technique. BEMT Tryckluft AB will be part of Atlas Copco Compressor Technique’s Industrial Air division. BEMT will represent the Ceccato brand.