More than 150 years dedicated to innovation-This is the Atlas Copco Group!
Since its founding in 1873 in Stockholm, Sweden, Atlas has evolved from supplying equipment to Swedish Rail to pioneering innovation in compressors, tools, and more. Today, while no longer in rock drills, we maintain leading positions in various industries, continually expanding our segments.
THE ATLAS COPCO GROUP is a leading global player that through technology and passionate people enable industries all over the world to drive development and create a better tomorrow.
A growing portfolio
In parallel to delivering equipment to the railroad industry during the late 1800s, we took up regular production of pneumatic tools in 1901 and established a pneumatics department. In 1917, we merged with Diesels Motorer, a manufacturer of marine engines and stationary diesel engines. The merged company was named Atlas Diesel and during the 1920s, all operations were moved to Sickla, just outside Stockholm, where we are still headquartered today.
Atlas Diesel becomes Atlas Copco
In the 1940s, the diesel engine business became less and less profitable and in 1948 we stopped making diesel engines altogether. The company’s operations now focused on pneumatic tools, compressors, and drilling equipment. A new name was sought that would reflect and better unite the company’s operations. In 1956, Atlas Copco was launched, derived from the original Atlas name and combined with that of a Belgian subsidiary – Compagnie Pneumatique Commerciale.
Strategic growth
In the 1970s, the world economy was in recession and production costs grew everywhere. We made a series of strategic acquisitions to broaden our product portfolio, targeting closely related products and brands, and aimed to specifically grow the company’s footprint in Asia. This strategy of internationalization has continued ever since.
Atlas Copco today
Today Atlas Copco is a company with expertise and services divided into four business areas – Compressor Technique, Vacuum Technique, Industrial Technique and Power Technique – to support customers in some 180 countries. Our innovative products, solutions, and services enable everything from safe medical treatment to the production of renewable energy – improving the everyday lives of people everywhere.