Atlas Copco has acquired Pneumatic Holdings, enhancing its position in the North American construction tools market.
Information on the Target
Pneumatic Holdings, located in Santa Fe Springs, California, specializes in the provision of light pneumatic construction tools, including paving breakers, chipping hammers, rivet busters, and rock drills. The company, which employs 16 people, reported a revenue of $10.8 million in 2012. With its products largely aimed at contractors and rental companies within the construction sector, Pneumatic Holdings plays a pivotal role in supplying essential tools for various construction projects.
Recently, Pneumatic Holdings has been acquired by Atlas Copco Construction Mining Technique USA, LLC, marking a significant shift in ownership. This acquisition is poised to enhance Atlas Copco’s distribution capabilities and market presence in the North American construction industry.
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Industry Overview in the Target’s Specific Country
The construction industry in the United States is one of the largest sectors in the economy, contributing significantly to GDP and employment. As infrastructure projects increase in scale and complexity, the demand for specialized construction t
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Atlas Copco Construction Mining Technique USA, LLC
invested in
Pneumatic Holdings
in 2012
in a Buyout deal
Disclosed details
Revenue: $11M