Atlas Copco to acquire MEYCO, broadens offering for tunneling and mining
Stockholm, Sweden, December 21, 2012: Atlas Copco (Schweiz) AG has agreed to acquire the Switzerland-based MEYCO Equipment business from BASF Construction Chemicals Europe AG. The acquisition broadens Atlas Copco’s offering with mobile equipment for applying sprayed concrete (shotcreting) in underground operations.MEYCO, with offices and an assembly facility in Winterthur, Switzerland, has about 40 employees and had revenues in 2011 of around MEUR 20 (MSEK 175). Its products include carrier-mounted concrete spraying equipment, concrete spraying arms, pump and dosing units. Current sales are