Atlas Copco
| Atlas Copco AB
|
|
|---|---|
 |
|
| legal form | Aktiebolag |
| ISIN |
SE0006886750 (A) SE0006886768 (B) |
| founding | 1873 |
| Seat |
Nacka , Stockholm , Sweden
|
| management | Mats Rahmström |
| Number of employees | 44,695 |
| sales | 101.4 billion Skr (9.9 billion euros ) |
| Branch | Industry |
| Website | www.atlascopco.com |
| As of December 31, 2016 | |
Atlas Copco is a Swedish , international industrial group. The company is based in Nacka near Stockholm . The German production companies are located in Essen under the umbrella of Atlas Copco Holding GmbH, the German sales companies are subsidiaries of Atlas Copco Deutschland GmbH, which is also based in Essen.
Overview
At the end of 2016, Atlas Copco had almost 45,000 employees worldwide in the four corporate divisions: Compression technology , industrial technology (with tools and assembly systems), construction technology and mining technology . Over 98 percent of sales are outside of Sweden. Revenue was distributed as follows in 2015: 29% from Europe, 29% from Asia (with Australia), 24% from North and 8% from South America and 10% from Africa. Part of the production is still in Sweden; there are production facilities in Tierp , Örebro , Fagersta and Kalmar . The group puts total sales for 2016 at 101.4 billion Swedish kronor.
Atlas Copco has been represented in Germany since 1952. Currently (as of May 2016), 15 operating companies are united under the umbrella of Atlas Copco Holding GmbH and Atlas Copco Deutschland GmbH, including five manufacturing plants, nine sales companies and an engineering center for screwdriving systems. They employ over 2900 people, including over 110 trainees. Alex Bongaerts and Jochem Kersjes have been the managing directors of the two German holdings since September 1, 2015. They replaced Piet Leys, who held this position from January 2012 to August 2015 (there was only one holding company until the end of 2014).
Since April 27, 2017, Mats Rahmström has been the Group's chairman of the board (“President” and “ CEO ”).
history
AB Atlas was founded in Stockholm in 1873 . The founders were the railway engineer Eduard Fränckel, the financier David Otto Francke and the banker André Oscar Wallenberg . Fränckel became the company's managing director . The core business was the manufacture and sale of accessories for railways. Steel structures for bridges, buildings and church towers as well as steam engines were built in smaller quantities . During that decade, Atlas was the largest Swedish manufacturing company.
From 1876, the growth of the Swedish railways slowed. The company was no longer in the black. In 1887 the losses were so high that the management had to be replaced at the instigation of Knut Agathon Wallenberg , the son of the co-founder. Oscar Lamm became the new managing director. But modernization came too late, AB Atlas went into liquidation and the creditors wrote off the debt. The successor company Nya AB Atlas ( nya = black new) was able to benefit from the change in strategy to develop new products: With a more modern machine park, steam engines and steam locomotives were now produced . A far-reaching decision was to purchase a compressor and tools that were powered by compressed air. Initially for personal use and from 1893 for resale, industrial tools powered by compressed air were manufactured. Officially, the sale of industrial tools powered by compressed air did not begin until 1901 with the first production line. In 1905 the first compressor and air hammer was built. In 1915, the compressed air division accounted for 50% of Atlas sales.
In 1898 AB Diesels Motorer was founded by Knut Agathon Wallenberg's half-brother, Marcus Wallenberg . It manufactured marine engines and diesel engines. AB Diesels Motorer had a good reputation as a driver of innovation. In 1917, Nya AB Atlas and AB Diesels Motorer merged to form AB Atlas Diesel. The company had four product lines: steam engines (Atlas), steam locomotives (Atlas), compressed air tools & compressors (Atlas), diesel & marine diesel (diesel). The merger did not change the relations in the new company: the diesel division was significantly larger and had a larger research budget, but in contrast to the business divisions of the old Atlas, it was not always cost-covering. Despite the difficult economic environment of the 1920s and 1930s, the sales network for the compressed air tools & compressors product area was expanded and new customers were acquired with smaller mobile compressors. The decision to rent out the machines was groundbreaking. A milestone in the change in corporate culture was the appointment of Walter Wehtje as managing director in 1940. Wehtje had previously managed a large department store in Stockholm , and he was associated with the change from a product-oriented to a market-oriented company.
In 1936, Atlas Diesel presented a pneumatic rock drill. The Swedish company Sandvikens Jernverks AB was developing drill bits made of tungsten carbide at the same time . After gaining experience in the construction of fortifications and in mining during World War II , Wehtje recognized the potential of combining both inventions to market them as a Swedish method . From 1947 Atlas Diesel AB was able to sell the drill bits on its own, as they had agreed with Sandvikens Jernverks AB on the exclusive rights to drill steel. It was also important to advertise to the senior technicians instead of the salespeople in purchasing. This required an organizational change: the classic sales department was replaced by project departments . These decisions turned out to be correct; In the second half of the 1940s, sales of compressed air systems increased tenfold and in the 1950s they increased fivefold.
The year 1948 marked a clear turning point: the Diesel division was sold. Atlas Diesel has not manufactured steam engines and steam locomotives for some time, so air tools and compressors are the remaining products of Atlas Diesel. The Swedish inventor Alf Lysholm developed a screw compressor in the mid-1930s , but this machine was not yet ready for mass production due to the lack of precision of the tools at the time. Atlas Diesel bought the patent in 1954, and a year later its own screw compressor came onto the market. In 1956 Arpic Engineering NV in Belgium was acquired for SEK 5.7 million . This company manufactured mobile compressors, which complemented the product range in a useful way. With the takeover, Atlas Diesel was renamed Atlas Copco. Copco is derived from the French words Compagnie Pneumatique Commerciale .
Atlas Copco had great success with the Swedish method ; however, in the 1950s there was a global crisis in the mining sector, one of the products' largest customers . This required a reorientation, which began in 1957 under Wehtje's successor, Kurt-Allan Belfrage. As a diplomat, Belfrage was gifted as an organizer and coordinator. The first element of the renewal was the task of centralized sales by independent subsidiaries , the second element was the further technological development of the products. In 1967 the first oil-free compressor came on the market, with this Z-series Atlas Copco had a great product success, as it had won new customers in the food, pharmaceutical and textile industries. The compressed air-operated hand tools have also been further developed. In 1968 there were three manufacturing companies; Mining and Construction Technique, Airpower and Tools with a common sales organization. The development department was centralized in Belgium at Atlas Copco Airpower (formerly Arpic Engineering).
| Period | president |
|---|---|
| 1873-1887 | Eduard Frankel |
| 1887-1909 | Oscar Lamb |
| 1909-1940 | Gunnar Jacobsson |
| 1940-1957 | Walter Wehtje |
| 1957-1970 | Kurt-Allan Belfrage |
| 1970-1975 | Erik Johnsson |
| 1975-1991 | Tom Constable |
| 1991-1997 | Michael Treschow |
| 1997-2002 | Giulio Mazzalupi |
| 2002-2009 | Gunnar Brock |
| 2009-2017 | Ronnie Leten |
| since 2017 | Mats Rahmström |
With Tom Wachtmeister as the new managing director from 1975, Atlas Copco developed from a single-brand company to a multi-brand company . To achieve this goal, other companies were taken over . Here are a few examples: Berema; light gasoline-powered drilling rigs (1975), Mauguière; Small Compressor (1976), Turbonetices Inc .; Turbo compressors (1980), Linde AG ; Gas Compressors (1984), Chicago Pneumatic Tool Co .; Pneumatic tools (1987), AEG power tools (1992). The multi-brand policy was applied to all three business areas: compressor technology, industrial technology and mining technology. With this wide range of products, Atlas Copco was able to open up new markets.
The first non-Swedish managing director was Giulio Mazzalupi from 1997, under his leadership Atlas Copco further developed the modular product system. This simplified production because many components could be used in different machines; this development accelerated production and sales. With the advent of the Internet , electronically supported internal company communication was established and the value chain was completely changed.
In 1997, Atlas Copco entered the rental business with the purchase of Prime Service Corporation. In 1999 the North American Rental Service Corporation was taken over. In 2001 the two companies were merged and formed the new fourth division of rental service. In 2006 the business area was given up again under the new managing director Gunnar Brock. During his time as managing director, Brock focused on strengthening the core business areas.
From 2009 Ronnie Leten was President and Chief Executive Officer of the group. He declared Atlas Copco and Chicago Pneumatic to be the Group's two global brands.
In 2014, Atlas Copco took over vacuum pump manufacturer Edwards (previously BOC Edwards). In September 2016, the vacuum pump business was expanded even further with the takeover of Leybold GmbH from Cologne . The group announced that it would transfer its vacuum activities to a separate business area from 2017.
The Road Construction Equipment division (earthworks and asphalt rollers, pavers and milling machines) was sold to the Fayat Group in 2017 . The acquisition was completed on October 5, 2017. Also in 2017 it was announced that the concrete processing and compaction business units (including vibratory plates) would be sold to Husqvarna .
On February 10, 2020 it was announced that Atlas Copco intends to take over the German special machine manufacturer Isra Vision . Isra shareholders are offered 50 euros per share. After the acquisition, Atlas plans to delist Isra.
Significant people
The following table presents important people and their achievements for the Atlas Copco Group.
| year | person | Achievement |
|---|---|---|
| 1901 | Gustaf Ryd | developed jackhammers |
| 1906 | Jonas Hesselman | engineered diesel engines with reverse gear for use in the navy |
| 1910 | Gustaf Andersson | Developed compressed air driven chisel and riveting hammers with improved design and slide valve motor |
| 1930 | Gustaf Andersson | developed light RH pneumatic demolition hammer, part of the Swedish method |
| 1930 | David Roos | developed light and at the same time highly efficient compressor with compressed air vane motor |
| 1933 | Herman Pyk & John Munck | Pioneer of mobile compressors with direct injection |
| 1939 | Erik Ryd & Patrik Danielsson | develop pneumatic props for rock drilling equipment |
| 1955 | Alf Lysholm | Screw compressor innovator |
| 1955 | Karl-Erik Hilfing | developed air-cooled compressors with low weight and high efficiency |
| 1958 | Ivan Åkerman | developed oil-free screw compressors |
| 1967 | Ivar Trulsson | engineered oil-free, electrically powered, stationary compressors |
| 1973 | Gunnar Vigg Romell | designed and developed hydraulic rotary hammers |
| 1990 | Christian Schoeps | developed hydraulic impulse wrench |
| 1992 | Karl-Axel Stjernström, Kurt Andersson & Jörgen Rodert | develop the Coprod system The Coprod system is a patented innovation, which allows a significant increase in the drilling productivity of large drilling dimensions. |
| 1993 | Crister Hansson | developed innovative electric impulse wrench |
| 1994 | Sverker Hartwig, Chris Lybaert & Ludo Van Nederkassel | developed compressors with stepless speed control |
| 1994 | Rolf Jacobsson | developed a turbine motor powerful, portable grinding machine |
Products
- Compressor technology
- Compressed air and gas
- Compaction equipment
- Air motors
- expander
- Compressed air accessories
- Industrial technology (with tools and assembly systems)
- Assembly tools
- Gluing systems and dosing technology
- Self-piercing riveting systems
- Injection equipment
- Energy recovery solutions
- Construction engineering
- Tools for soil and mountain protection
- Demolition equipment
- Concrete processing
- Material removal tools
- Mobile rock breakers and screening units
- Hoists & Trolleys
- Generators
- Mining technology
- Drills and rock drills
- Drilling tools
- Charging and transport devices
- pump
Trivia
A genus of dinosaurs, the Atlascopcosaurus , was named after the group in 1984 because Atlas Copco had provided the equipment for the expedition that led to the discovery of this species.
Web links
- Atlas Copco
- Atlas Copco company history (PDF; 8.7 MB)
Individual evidence
- ↑ Atlas Copco to split group, company veteran Rahmstrom named new CEO , Reuters, January 16, 2017 (English)
- ↑ a b c Annual Report 2016
- ↑ Mats Rahmström Atlas Copco's next President and CEO - to succeed Ronnie Leten who will resign , press release, January 16, 2017
- ↑ Overview Presidents of Atlas Copco Atlas Copco website. Retrieved May 29, 2012.
- ^ Dan Milmo: Swedish firm Atlas Copco buys British with Edwards Group acquisition. In: The Guardian . August 19, 2013, accessed May 23, 2016 .
- ^ Atlas Copco completes Leybold vacuum acquisition. September 1, 2016, accessed on September 2, 2016 .
- ↑ Takeover by Fayat: Dynapac and Bomag become sisters
- ↑ Fayat is pleased to announce that they have completed the acquisition of Dynapac , at www.fayat.com ( Memento from January 28, 2018 in the Internet Archive ), accessed on January 27, 2018
- ↑ Atlas Copco sells Concrete Processing and Compaction businesses to Husqvarna Group , at www.atlascopco.com , accessed January 27, 2018
- ↑ https://www.finanzen.net/nachricht/aktien/starker-kurszuwachs-isra-vision-aktien-schiessen-nach-uebernahmeofferte-von-atlas-copco-hoch-8491219
- ↑ Significant People , atlascopco.com (English)
- ^ The Swedish Method ( Memento from April 19, 2012 in the Internet Archive ) Website of the Atlas Copco Group. Retrieved May 29, 2012.
- ↑ Patent US3780621 : Hydraulic fluid actuated percussion tool. Applied on June 7, 1971 , published December 25, 1973 , applicant: Atlas Copco AB, inventor: G. Romell.
- ↑ z. B. Patent US5704434 : Hydraulic torque impulse mechanism. Applied on December 26, 1995 , published on January 6, 1998 , applicant: Atlas Copco Tools AB, inventor: Knut Christian Schoeps.