Atlas Copco Acquires Perfora in Italy to Enter Dimension Stone Drilling Market

Jan. 13, 2012
Atlas Copco Italia S.p.A. last week acquired Perfora S.p.A., an Italian company that manufactures and sells drilling and cutting equipment for the dimension stone industry, specifically quarries that produce raw stone blocks.

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

Perfora is a privately owned company based in Bagnolo, northern Italy. With 43 employees, the company has annual revenues of about €10 million (about U.S. $12.7 million). 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 purchase price was not disclosed.

For more information about Perfora, visit www.perfora.com.

Based in Stockholm, Sweden, Atlas Copco’s Mining and Rock Excavation Technique business area provides equipment for drilling and rock excavation, a complete range of related consumables and service through a global network. Its products are designed for surface and underground mining, infrastructure, civil works, well drilling and geotechnical applications. Principal product development and manufacturing units are located in Sweden, the United States, Canada, China and India.