Atlas Copco's RSC Division announces six strategically complementary acquisitions
Atlas Copco's RSC Division announces six strategically complementary acquisitions Stockholm, February 28, 2000 - Atlas Copco is pleased to announce that Rental Service Corporation (RSC) recently completed the acquisitions of Tri-Rental Sales & Services, Inc.; Eagle Equipment Rental & Supply, Inc.; P.C. Rentals, Inc. d/b/a Collins Rentals; Rental Center, Inc.; Tractor's, Inc.; and Four Seasons Rental & Sales, Inc. These six acquired companies operated a combined ten locations in Arizona (1), Kansas (1), Missouri (6), Ohio (1) and Oklahoma (1), and had total combined trailing twelve months revenues of approximately $ 6.9 million. The acquisitions are part of the division's strategy to grow in areas, which have previously not been fully served. The new stores will be operating under the RSC brand name. Rental Service Corporation, a division of Atlas Copco, 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 30 states in the United States and in Canada. More information is found on www.rentalservice.com. Atlas Copco is an international group of industrial companies 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, construction and mining equipment, assembly systems, and offer related service and equipment rental. Additional information about Atlas Copco is available at the Group's web site www.atlascopco.com. For further information, please contact: Douglas A. Waugaman, President and Chief Operating Oficer, RSC Phone: +1-(480) 905-3300 Annika Berglund, Vice President, Corporate Communications, Atlas Copco AB Phone: +46 8 743 8070, mobile: +46 70 322 8070, e-mail: 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/2000/02/28/20000228BIT00360/bit0001.doc http://www.bit.se/bitonline/2000/02/28/20000228BIT00360/bit0002.pdf