Atlas Copco Completes Acquisition of Rapid-Torc

April 24, 2013

Atlas Copco has closed the acquisition of the business of U.S-based Rapid-Torc, which develops and markets hydraulic torque wrenches. The acquisition broadens Atlas Copco’s product range and will extend its expertise to new customers.

Rapid-Torc, with offices in Houston, and Brussels, Belgium, has about 30 employees and had revenues in 2012 of $11 million. The company is specialized in hydraulic torque wrenches and also supplies bolt tensioners and related accessories for high-torque applications.

The acquired business will be part of Atlas Copco’s Industrial Technique business area.

Atlas Copco announced on March 12 that it had agreed to purchase Rapid-Torc.

Atlas Copco is an industrial group that produces compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. The Industrial Technique business area provides industrial power tools, assembly systems, quality assurance products, software and services through a global network.