Atlas Copco completes acquisition of Quincy Compressor in the United States

Atlas Copco completes acquisition of Quincy Compressor in the United States

Stockholm, Sweden, March 1, 2010: Atlas Copco today completed the acquisition of
Quincy Compressor from EnPro Industries, with the exception of Quincy's Chinese
operations, where regulatory approvals from relevant local authorities are still
pending. 

Quincy Compressor designs and manufactures reciprocating compressors, rotary
screw compressors and vacuum pumps, primarily under the Quincy brand. Atlas
Copco plans to further develop the Quincy brand independently, in line with the
Group's well established brand portfolio strategy. The acquired business had
revenues in 2009 of MUSD 125 (MSEK 900) and an operating profit margin of
approximately 7%. 

“I am pleased that we have obtained the approvals in the United States and can
now move forward to further develop the Quincy business,” says Stephan Kuhn,
President of Atlas Copco's business area Compressor Technique.

Quincy was founded in the 1920s and is headquartered in Bay Minette, Alabama. It
has manufacturing facilities in Bay Minette, Quincy, Illinois, and in Kunshan,
China. The products are sold through a network of independent distributors and
agents. More than three quarters of the sales are in the United States. 

Approvals from Chinese authorities are expected during the second quarter.

For further information please contact:
Stephan Kuhn, Business Area President, Compressor Technique
+32 (0)3 870 2938 or +32 (0)474 881 154
Daniel Frykholm, Media Relations Manager
+46 (0)8 743 8060 or +46 (0)70 865 8060

Atlas Copco discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. 

Atlas Copco is an industrial group with world-leading positions in compressors,
construction and mining equipment, power tools and assembly systems. The Group
delivers sustainable solutions for increased customer productivity through
innovative products and services. Founded 1873, the company is based in
Stockholm, Sweden, and has a global reach spanning more than 170 countries. In
2009, Atlas Copco had about 30 000 employees and revenues of BSEK 64 (BEUR 6.0).
Learn more at www.atlascopco.com.

Atlas Copco's Compressor Technique business area develops, manufactures,
markets, and services oil-free and oil-injected stationary air compressors,
portable air compressors, gas and process compressors, turbo expanders, electric
power generators, air treatment equipment and air management systems. It also
offers specialty rental services. It innovates for superior productivity in
applications such as manufacturing, construction, and the process industry
worldwide. Principal product development and main manufacturing units are in
Antwerp, Belgium.