STOCKHOLM, Sweden — Atlas Copco Italia S.p.A. has completed its acquisition of Italian control instruments and torque measurement manufacturer BLM s.r.l. The company has 44 employees.
BLM, based near Milan, specializes in torque and tightening testing equipment with 90 percent of sales to the motor vehicle industry. BLM’s products are complementary to Atlas Copco Tools and Assembly Systems’ range, and have mainly been sold in Europe until now. By adding Atlas Copco’s worldwide general industry and motor vehicle industry channels to market, the business is expected to grow significantly.
BLM joins the Atlas Copco Tools and Assembly Systems division within the Industrial Technique business area, operating under the Atlas Copco brand.
Atlas Copco is an international industrial Group with its head office in Stockholm, Sweden. In 2004, 98 percent of the company’s revenues outside Sweden. The group has more than 25,000 employees and produces and markets compressed air equipment and generators, construction and mining equipment, industrial tools and assembly systems and offers related service and equipment rental.
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