STOCKHOLM--(BUSINESS WIRE)-- Regulatory News:
Atlas Copco (STO:ATCOA)(STO:ATCOB), a leading provider of sustainable productivity solutions, today inaugurates a new distribution and service center in South Africa that will benefit customers in the country and region.
The brand-new facilities east of Johannesburg will be the hub for distribution of equipment from all four of Atlas Copco’s business areas, such as compressors, rock drills, construction equipment and power tools. This will provide one-stop shopping opportunities for customers that may need a wide range of equipment. Service will also be carried out at the premises. Atlas Copco invested about MZAR 200 (MSEK 120) in the construction of the top-modern facilities.
“South Africa is an important market to us. This investment in the new center will benefit customers by giving them easier access to our products and improved service,” said Ronnie Leten, President and CEO of the Atlas Copco Group, who is attending the inauguration.
Currently some 450 employees work at the premises, which are located on 20 acres of land and also host an administration building. The premises were built with high environmental standards in mind, including recycling of excess material excavated from the site, and installation of solar water heating and low-energy lighting.
Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and service focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2013, Atlas Copco had revenues of BSEK 84 (BEUR 9.7) and more than 40 000 employees. Learn more at www.atlascopco.com.
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Ola Kinnander, Media Relations Manager
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Source: Atlas Copco