January 30, 2012 3:10 PM CST

Atlas Copco enters market for dimension stone drilling equipment

Perfora to be part of Atlas Copco Surface Drilling division

By Daniel Frykholm

Atlas Copco Italia S.p.A. has acquired Perfora S.p.A., an Italian company that manufactures and sells drilling and cutting equipment for the dimension stone industry, i.e. quarries that produce raw stone blocks.

Perfora is a privately owned company based in Bagnolo, northern Italy. It currently employs 43 people and has annual revenues of about MEUR 10 (MSEK 90). The products, which include diamond wire saws and drill rigs specifically designed for dimension stone applications, are distributed through direct sales and local dealers in selected countries around the world.

“Perfora is a leading supplier in this segment, with a strong customer focus and high quality products,” said Bob Fassl, Business Area President of Atlas Copco Mining and Rock Excavation Technique. “We see good growth opportunities through this deal. As part of the Atlas Copco Group, Perfora becomes a unique global supplier of tailor made equipment for dimension stone producers.”

Perfora will be part of the Atlas Copco Surface Drilling division. The parties have agreed not to disclose the purchase price.

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About the Author

Daniel Frykholm is the Media Relations Manager for Atlas Copco.