Hy-Performance Fluid Power: Atlas Copco completes acquisition of Australian mining service business

Stockholm, Sweden, February 1, 2018: Atlas Copco, a leading provider of sustainable productivity solutions, has completed the acquisition of the assets of Hy-Performance Fluid Power Pty Ltd, an Australian service provider for mining and infrastructure. Hy-Performance Fluid Power is based in Brisbane, with sales mainly in Australia. The company provides remanufacturing, service and repair of hydraulic components for drill rigs. It has 26 employees and had revenues of MAUD 7.5 (MSEK 50) in the fiscal year ending June 30, 2017. Atlas Copco announced on January 10, 2018, that it had agreed to