Atlas Copco acquires Industrial Power Sales, Inc.


Atlas Copco acquires Industrial Power Sales, Inc.

Stockholm, Sweden, August 5, 2008: Atlas Copco Tools and Assembly Systems LLC,
USA, acquires privately-held Industrial Power Sales, Inc., USA. The acquisition
brings Atlas Copco Tools and Assembly Systems closer to its customers in the
southeastern region of the United States.

Industrial Power Sales is a distributor of tools, assembly systems and material
handling equipment and has represented Atlas Copco Tools & Assembly Systems for
28 years. The company is headquartered in Raleigh, North Carolina and employs 61
people.

“The acquisition will give Atlas Copco better geographical coverage, allowing us
to meet the needs of our global and regional customers. In addition, Industrial
Power Sales employees have a great deal of valuable knowledge and experience,
which complements that of our own people,” says Mats Rahmström, President Atlas
Copco Industrial Technique. 

The company has been a distributor of Atlas Copco's products in Virginia, North
and South Carolina, Tennessee, Georgia, Alabama, and Mississippi. The North
American Tools and Assembly Systems team will total 250 employees after the
acquisition.

For further information, please contact:
Love Liman, Media Relations
+46 (0)8 743 8060 or +46 (0)73 231 8060
Mats Rahmström, Business Area President, Industrial Technique
+46 (0)8 743 9350 or +46 (0)70 899 9350

Atlas Copco may be required to disclose the information provided herein pursuant
to the Securities Markets Act. 

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's Industrial Technique business area develops, manufactures and
markets industrial power tools, assembly systems, aftermarket products, software
and service. It innovates for superior productivity for applications in the
automotive and aerospace industry, general industrial manufacturing and
maintenance, and vehicle service worldwide. Principal product development and
main manufacturing units are in Sweden, Great Britain, France. More information
is available on www.atlascopco.com.

Attachments

08052024.pdf