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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Atlas Copco adquiere Meyco para ampliar su oferta en construcción de túneles y minería

Atlas Copco purchases Meyco to expand his offer under construction of tunnels and minería

09/01/2013

9 January 2013

Atlas Copco has agreed the acquisition of the company with headquarters in Switzerland Meyco, pertaining to the Group BASF Construction Chemicals Europe AG. The acquisition expands the offer of Atlas Copco with robots of gunitado for projection of concrete in subterranean operations.

Meyco, with offices and a plant of setting in Winterthur, Switzerland, has 40 employees and an income that in 2011 reached the 20 million euros (MSEK 175). His products include robots of gunitado, arms of projection of concrete, pumps and units dosing machines. The current sales allocate to projects of subterranean construction in Europe, Asia and Middle East. Both parts have agreed not revealing the price of the purchase.

“This acquisition is a strategic decision for Atlas Copco, since with her achieve to expand the offer for our current customers”, says Bob Fassl, president of the area of business of Technicians of Minería and Excavation of Rock. “The projection of concrete is a segment in growth thanks to the high exigencias of the hygiene in tunnels. We expect to enter these products through our channels of global sales, so much to the customers of minería subterranean as to the ones of civil construction.”

To obtain more information about Meyco, consult www.meyco.basf.com. The business purchased will form part of the division of Excavation of Subterranean Rock inside Technicians of Minería and Excavation of Rock. The acquisition is still pending of approval by part of the pertinent authorities. The legal closing of this transaction is foreseen for finals of the first quarter of 2013.

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