Atlas Copco acquires Pneumatic Holdings
Atlas Copco has acquired Pneumatic Holdings Inc., a provider of pneumatic light construction tools.
Based in Santa Fe Springs, Calif., Pneumatic Holdings provides light pneumatic construction tools including paving breakers, chipping hammers, rivet busters and rock drills.The company has 16 employees and had revenue in 2012 of $10.8 million. It becomes part of Atlas Copco Construction Mining Technique USA, LLC.
“The acquisition of Pneumatic Holdings strengthens our distribution and presence in the North American construction market,” said Nico Delvaux, president of Atlas Copco’s Construction Technique business area.
Pneumatic Holdings’s main customer segments consist of contractors and rental companies within the construction industry.The company becomes part of the Construction Tools division in Atlas Copco’s Construction Technique business area.
INDUSTRIAL SUPPLY MAGAZINE
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