Atlas Copco to focus its generator business on portable generators

Stockholm, Sweden, September 21, 2005: Atlas Copco has signed an agreement to sell assets related to its stationary generator business to the Italian company Pramac Lifter S.p.A. The sales price is not being disclosed. The divestment is expected to be finalized at the end of November.

The divestment includes the right to produce and distribute stationary generators under the brand Masons Power Generation. Pramac will also during a time limited transition period hold the right to sell the stationary generators under the Atlas Copco brand, with some geographical exceptions. Up to 35 jobs can be affected by the divestment. Atlas Copco will keep and continue to develop its portable generator business, which fits naturally with the portable compressors. This business is a part of the Portable Air division within the Compressor Technique business area. “Atlas Copco’s strategy for generators is to focus on needs of customers within the construction and rental industries, in which we are already the leading player with our portable compressors,” says Bengt Kvarnbäck, Business Area President, Compressor Technique.