Atlas Copco's RSC division announces 8 completed strategic acquisitions
Atlas Copco's RSC Division Announces Eight Completed Strategic Acquisitions STOCKHOLM SWEDEN, May 8, 2000 - Rental Service Corporation (RSC), a division in Atlas Copco's Rental Service business area, has announced that it has recently completed the acquisitions of American Blueberries, Inc. d/b/a General Rental; North Rentals, Inc.; Call, Inc. d/b/a Call Rental Center; Mac-Se-Co Ltd., Inc. d/b/a General Rental; A Rockdale Rental Center, Inc.; Zigg's Rent-It Center, Inc.; Summit County Tool Rental, Inc.; and Sheffield's Rent-It, Inc. These eight acquired companies operated a combined ten locations in Arizona (1), Colorado (3), Delaware (1), Georgia (1), Kansas (2) North Carolina (1) and Pennsylvania (1), and had total combined trailing twelve months revenues of approximately SEK 95 million. The acquisitions are part of the division's strategy to grow in areas, which have previously not been fully served. Rental Service Corporation, a division within the Atlas Copco Group, is a leader in the rapidly growing equipment rental industry, serving the needs of a wide variety of industrial, manufacturing and construction markets. Headquartered in Scottsdale, Arizona, RSC operates in 31 states in the United States and in Canada. More information is available on www.rentalservice.com. Atlas Copco is an international industrial Group with its head office in Stockholm, Sweden. In 1999, the Group had revenues of SEK 36 billion, with 97 percent of revenues outside Sweden, and over 26,000 employees. Atlas Copco companies develop, manufacture, and market electric and pneumatic tools, compressed air equipment and generators, construction and mining equipment, assembly systems, and offer related service and equipment rental. More information is available on www.atlascopco.com. For more information please contact: Rental Service Corporation Douglas A. Waugaman, President and Chief Operating Officer, Tel: + 1 480 905 3300 Atlas Copco AB Annika Berglund, Senior Vice President, Group Communications, Tel: + 46 8 743 8070, Mobile: + 46 70 322 8070, annika.berglund@atlascopco.com ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/08/20000508BIT00360/bit0001.doc http://www.bit.se/bitonline/2000/05/08/20000508BIT00360/bit0002.pdf