Atlas Copco acquires a service company in Indonesia Stockholm, Sweden, April 30, 2008: Atlas Copco (South-East Asia) Pte. Ltd. has acquired 100% ownership of PT Fluidcon Jaya, Indonesia, and its parent company Fluidcon Service Pte Ltd, Singapore. Through the acquisition Atlas Copco is expanding its business in the Indonesian mining sector. In 2007 the companies had sales of approximately MSEK 68 (MUSD 11.3) and a total of 223 employees. Fluidcon supplies and installs fuel and oil filtration equipment, hydrocarbon management systems, customized onboard fire suppression solutions and automatic lubrication systems to mining sites throughout Indonesia. Fluidcon also provides its customers with professional aftermarket services such as customized hydraulic hose and fittings assembly and installation to support such equipment. For more information see www.fluidcon.co.id. “The acquisition of Fluidcon will give Atlas Copco access to a wide footprint of mining customers to promote our products” says Björn Rosengren, President of Atlas Copco's Construction and Mining Technique business area. “Spread across the huge Indonesian archipelago, with dedicated service resources in eight strategically placed branches, this acquisition gives us a platform to more rapidly increase equipment sales into this vibrant market sector whilst also developing aftermarket presence, which is key for long term customer satisfaction” Both PT Fluidcon Jaya and Fluidcon Services Pte Ltd are privately-owned companies. The companies will be renamed Atlas Copco Fluidcon and belong to the Atlas Copco Drilling Solutions division, which is part of the Construction and Mining Technique business area. For further information please contact: Björn Rosengren, Business Area President, Construction and Mining Technique +46 (0)8 743 8314 or +46 (0)70 417 8502 Love Liman, Media Relations +46 (0)8 743 8060 or +46 (0)73 231 8060 Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act. The information was submitted for publication at 08:45 on April 30, 2008. Atlas Copco is a world leading provider of industrial productivity solutions. The products and services range from compressed air and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket and rental. In close cooperation with customers and business partners, and with 135 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group's global reach spans more than 160 markets. In 2007, Atlas Copco had 33 000 employees and revenues of BSEK 63 (BEUR 6.7). Learn more at www.atlascopco.com. Atlas Copco Drilling Solutions is a division within Atlas Copco's Construction and Mining Technique business area. It develops, manufactures, and markets a wide range of rotary drilling equipment for use in surface mining, exploration, construction, water well, aggregate, and shallow oil and gas applications worldwide. The divisional headquarters and main production center are located in Garland, Texas, USA.
Atlas Copco acquires a service company in Indonesia
| Source: Atlas Copco AB