18 Facts About Atlas Copco

Atlas Copco is a Swedish multinational industrial company that was founded in 1873.

Atlas Copco Group is a global industrial group of companies headquartered in Nacka, Sweden.

Atlas Copco companies develop, manufacture, service, and rent industrial tools, air compressors, construction and assembly systems.

AB Atlas Copco, as it was previously named, was founded by Edvard Franckel, who was a Swedish industrialist, politician and senior official at Swedish State Railways.

Atlas Copco was established along with Andre O Wallenberg, Johan W Arnberg, Carl G Cervin and Fredrik Didro.

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In 1899, Atlas Copco began developing their first air compressors and established itself as a compressor manufacturer.

The economy began recovering, demand started growing again in the mid-1930s, and Atlas Copco Diesel experienced a boom in sales, where compressed air operations was the most expansive area.

The name Atlas Copco became official in 1955 and was inspired by the Belgian subsidiary Compagnie Pneumatique Commerciale .

Atlas Copco then became one of the world's largest manufacturers of pneumatic tools and monitoring systems.

In 1997, Atlas Copco made its biggest and most important acquisition with the purchasing of the Prime Service Corporation, which was the largest machine leasing company in the United States.

From 2017, Atlas Copco has four main business areas: Compressor Technology, Vacuum Technology, Industrial Technology and Power Technology.

Atlas Copco has customer centres in about 71 countries and sales in about 180 countries.

Atlas Copco's organization is based on the principle of decentralized responsibilities and authorities.

In 2018 Atlas Copco decide on a split and formed Epiroc AB which will focus on customers in the mining, infrastructure and natural resources segments.

Atlas Copco conducts research and development in a wide range of technologies at their global research centres, where each division has its individual area of focus and resources.

Atlas Copco puts focus on growth in automation to bring more production back to US and Europe.

In 2020 Atlas Copco acquired Isra Vision in February and Perceptron in September to boost its position in automation.

In March 2022, Atlas Copco acquired the assets of Ceres Technologies - US-based manufacturer and designer of gas and vapour delivery equipment for the semiconductor industry.