Atlas Copco to Acquire Baker Hughes Mining ToolsAtlas Copco North America Inc. has signed an agreement to acquire Baker Hughes Mining Tools, a division of Hughes Christensen, a division of Baker Hughes Incorporated. Baker Hughes Mining Tools has annual revenues of approximately USD40 million and 176 employees.Baker Hughes Mining Tools is a leading manufacturer of consumables for rotary drilling and raise boring. The acquired business will become part of the Secoroc division within the Construction and Mining Technique business area. The acquisition will bring with it products that complement Atlas Copco Secoroc's existing range of drilling consumables. It fits in with Construction and Mining Technique's strategy of offering a more complete product assortment to surface mining and raise boring markets and of increasing revenues through use-of-products. The acquisition will strengthen Atlas Copco's position in raise boring consumables and allow the company to enter into the rotary drilling consumables market for surface mining. Visit www.atlascopco-group.com 33/04.