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Announcing Atlas Copco Drilling Solutions Division

04/03/2004
Announcing Atlas Copco Drilling Solutions DivisionBob Fassl has been appointed President of Atlas Copco Drilling Solutions division, a newly-formed division within Atlas Copco's Construction and Mining Technique business area. On 19th February, 2004 Atlas Copco signed a USD225 million agreement to acquire Ingersoll-Rand Drilling Solutions, a manufacturer and distributor of drilling equipment and consumables for surface mining and construction, with its head office in Texas. The business has a USD300 million turnover and 950 employees. Fassl has been managing the acquisition process and will be responsible for integration of Drilling Solutions into the Atlas Copco Group. The acquisition will give Atlas Copco a more complete product range, stronger aftermarket organization and better geographical coverage. For more visit www.atlascopco.com/drillingsolutions 09/04.



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