Atlas Copco modifies corporate structure
By Atlas Copco
NewsJuly 5, 2011 - The Atlas Copco Group has decided to modify its business area structure to strengthen the focus on specific product and customer segments. As of July 1, the group has four business areas instead of three, including a dedicated business area for construction equipment and related services.
Atlas Copco’s divisions for portable compressors and generators, road
construction equipment and construction tools will join forces in the
new Construction Technique business area. Divisions with underground and
surface drilling products, crushing, loading and hauling, and
exploration equipment will work under the umbrella of Mining and Rock
Excavation Technique. Both these business areas will create dedicated
service divisions. Compressor Technique will focus on stationary
equipment for air and gas and related service, while Industrial
Technique remains unchanged.
“With more focused business areas, each
will have a strong platform from which they can develop the offering for
their customers,” says Ronnie Leten, president and CEO of the Atlas
Copco Group. “The modified structure also allows us to better capture
the sales and service synergies between our construction businesses and
capitalize on the future growth of construction projects around the
world, especially in emerging markets.”
Atlas Copco will immediately
begin recruitment of a president for the Construction Technique business
area. The appointment of a new president for Mining and Rock Excavation
Technique has been announced.
Atlas Copco will
begin financial reporting under the new structure as of the third
quarter 2011.
Related links
Atlas Copco Canada
Atlas Copco under one roof in Mississauga
Tier 4 compliant compressor
Print this page
Leave a Reply