Atlas Copco has completed the acquisition of BLM

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Stockholm, Sweden, December 27, 2005: Atlas Copco Italia S.p.A. has completed its acquisition of Italian control instruments and torque measurement manufacturer BLM s.r.l.. BLM’s turnover in 2004 was approximately MSEK 59 (MEUR 6.4) and it has 44 employees.

BLM, based near Milan, specializes in torque and tightening testing equipment with 90% of sales to the motor vehicle industry. BLM’s products are complementary to Atlas Copco Tools and Assembly Systems’ range, and have mainly been sold in Europe up to now. By adding Atlas Copco’s worldwide general industry and motor vehicle industry channels to market, the business is expected to grow significantly. BLM joins the Atlas Copco Tools and Assembly Systems division within the Industrial Technique business area, operating under the Atlas Copco brand.

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