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Atlas Copco (Copco from Compagnie Pneumatique Commerciale) is a Swedish multinational industrial company that was founded in 1873. [7] It manufactures industrial tools and equipment. The Atlas Copco Group is a global industrial group of companies headquartered in Nacka , Sweden .
It was created as a result of Atlas Copco's decision to split out its legacy business of mining equipment. Atlas Copco began to produce rock drills in 1905. In January 2017, Atlas Copco's board of directors decided to propose to the Annual General Meeting that the company be divided, and that the mining and infrastructure business be listed as ...
Between 2006 and 2009 he was the business area president for the Compressor Technique business area. He was the President and CEO of Atlas Copco from 2009 to 2017. [2] In 2018, Ronnie Leten became the Chairman of Ericsson and Epiroc. Epiroc was created in 2018 from Atlas Copco's Mining and Rock Excavation Technique business area.
Sold for several years into industrial markets, CP torque impact wrenches were introduced in the 1970s into the automotive market. In 1987, Chicago Pneumatic became part of the Swedish conglomerate Atlas Copco. During 1988, more new products were launched than at any time since the late '70s, such as screwdrivers, assembly tools and new ratchet ...
Founded as Crepelle and Company in 1837, it has a history going back to the early days of industrial engine manufacturing in France. Crepelle was acquired by the Swedish group Atlas Copco in 1997. [ 1 ]
In 2015 Oerlikon announced the sale of the vacuum business to Swedish company Atlas Copco. The sale was finalized in September 2016. Then, the company was renamed to Leybold GmbH and became part of the Vacuum Solutions division of the Compressors business area of Atlas Copco. [4]
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The Wallenberg family is a prominent Swedish family renowned as bankers, industrialists, politicians, bureaucrats and diplomats, present in most large Swedish industrial groups, like EQT AB, Ericsson, Electrolux, ABB, SAS Group, SKF, Atlas Copco, Saab AB, and more. In the 1970s, the Wallenberg family businesses employed 40% of Sweden's ...