Atlas Copco AB banner

Company Overview

Business Description

Sector
Industrials
Industry
Machinery
Headquarters
Sweden SE
Employees
42 862
IPO date
Jan 1, 1920

Atlas Copco makes industrial equipment that helps factories, workshops, and construction sites do core jobs efficiently. Its main products include air compressors, vacuum pumps, power tools, and assembly systems used to tighten, cut, drill, and move materials. The company also sells service, spare parts, and maintenance for the equipment it installs.

Its customers are mostly industrial companies in manufacturing, electronics, automotive, food and beverage, and other sectors that need reliable compressed air, vacuum, and precision tools. Atlas Copco also serves some construction and specialty rental customers through equipment used on job sites and in temporary projects.

The company makes money by selling machines and systems up front and then earning recurring service and aftermarket revenue over the life of the equipment. That mix matters because many of its products are critical to production lines, so customers often keep buying parts, service, and upgrades long after the original sale. This makes Atlas Copco a key supplier in the industrial value chain rather than a company that sells directly to consumers.

Atlas Copco AB Investor Relations

Address
Sickla Industrivag 19
Nacka, Stockholm
Sweden

Business Segments

Compressor technique

This part makes air compressors, gas compressors, dryers, filters, and related service parts and maintenance for compressed air systems.

Customers and revenue model

Vacuum technique

This part makes vacuum pumps, systems, and service used to create and control vacuum in industrial processes.

Customers and revenue model

Industrial technique

Description, customers and revenue model

Power technique

Description, customers and revenue model

Management

Mr. Vagner Rego

President, CEO & Director

Vagner Rego is an accomplished executive at Atlas Copco AB, a leading provider of industrial productivity solutions. He has been with the company for several years, playing a significant role in its various business segments. Rego served as the President of the Compressor Technique business area, where he was responsible for overseeing operations that provide compressed air solutions to a global market. Under his leadership, the business area focused on sustainable development and innovation, contributing to Atlas Copco's strong market position. Before becoming the President of the Compressor Technique business area, Rego held multiple management positions within the organization. His career path at Atlas Copco has included roles in engineering, marketing, and general management, highlighting his versatility and leadership capabilities. Rego is known for his strategic thinking and dedication to driving growth and efficiency. He holds a degree in Mechanical Engineering and further credentials in business administration, enhancing his technical expertise with strong business acumen. His contributions have been influential in steering Atlas Copco’s successful endeavors in the industrial sector.

Mr. Peter Kinnart

Senior VP & CFO

Peter Kinnart is a notable executive with Atlas Copco AB, a leading industrial company based in Sweden known for its innovative and sustainable solutions in compressors, vacuum solutions, and industrial power tools and assembly systems. Peter Kinnart serves as the Chief Financial Officer (CFO) of Atlas Copco. In his role, he is responsible for overseeing the company's financial strategy, operations, and reporting. With a strong background in finance and management, Kinnart has played an integral role in shaping the financial health and strategic direction of Atlas Copco. His leadership contributes to effective financial planning, risk management, and strategic investments that align with the company's long-term goals. Peter Kinnart's career at Atlas Copco and in similar roles illustrates his expertise in managing complex financial landscapes and driving the company's growth and stability in the ever-evolving industrial sector.

Mr. Marcus Hvied

Senior VP & Chief Information Officer

Biography unavailable

Mr. Daniel Althoff

Vice President of Investor Relations

As of the latest available information, Daniel Althoff is associated with Atlas Copco AB, a leading global industrial company based in Sweden. He holds the position of Vice President of Investor Relations. In his role, he is responsible for managing the communication and relationship between the company and its investors, ensuring that stakeholders are well-informed about the company's performance, strategic direction, and financial health. His work is crucial for maintaining investor confidence and supporting the company's reputation in the global market. Atlas Copco is known for its sustainable approach to innovation and commitment to developing tools and solutions that enhance productivity across various industries.

Ms. Eva Klasen

Senior VP & Chief Legal Officer

Biography unavailable

Ms. Sara Hagg Liljedal

Senior VP & Chief Communications Officer

Ms. Sara Hagg Liljedal serves as the Senior Vice President and Chief Communications Officer at Atlas Copco AB. In her role, she is responsible for overseeing and managing the corporate communications strategies of the company, ensuring effective internal and external communication. Her work involves enhancing the company's global brand presence, overseeing public relations activities, and managing stakeholder communication. With a strong background in communications and leadership, Sara Hagg Liljedal plays a pivotal role in supporting Atlas Copco's communication objectives and aligning them with the company's business goals. Her expertise is integral to fostering a transparent and cohesive communication environment across the corporation.

Ms. Cecilia Sandberg

Senior VP & Chief Human Resources Officer

Cecilia Sandberg is the Senior Vice President and Chief Human Resources Officer at Atlas Copco AB, a position she has held since 2017. She is responsible for overseeing the company's human resources strategies, policies, and practices globally. Sandberg's role includes talent management, leadership development, organizational development, and ensuring that the company maintains its strong corporate culture and values. Before joining Atlas Copco, Cecilia Sandberg accumulated extensive experience in various HR leadership positions. Her background includes working in sectors such as pharmaceuticals and manufacturing, which provided her with deep insights into managing diverse and global workforces. Known for her strategic vision and effective leadership, Sandberg plays a key role in aligning Atlas Copco's human resources with its business goals, contributing to the company's growth and success. She holds a Master’s degree in Human Resources and related fields, enhancing her capacity to lead HR in a dynamic industrial environment.

Mr. Geert Follens

Senior EVP & Business Area President of Vacuum Technique

Geert Follens is a notable executive at Atlas Copco AB, a leading global industrial company. Follens has made significant contributions to the company, particularly through his strategic leadership and in-depth understanding of the global market. At Atlas Copco, he was appointed to several key roles, including Senior Executive Vice President and Business Area President of Vacuum Technique. In these capacities, he has been instrumental in driving growth and innovation within the business area, focusing on developing cutting-edge vacuum solutions for a variety of industries. Geert Follens joined Atlas Copco in 1995, bringing with him considerable experience in engineering and management. Over the years, he has successfully steered different divisions, showcasing expertise in integrating technological advancements with strategic business initiatives. Follens’ leadership is marked by a commitment to sustainability and efficiency, aligning with Atlas Copco's goals to enhance industrial productivity while minimizing environmental impact. His tenure at Atlas Copco has been characterized by a deep focus on customer-centric approaches, operational excellence, and fostering a culture of continuous improvement, which have all played a key role in the company's ongoing success and prominence in the industry.

Mr. Andrew Walker

Senior EVP & Business Area President of Power Technique

Andrew Walker is a senior executive at Atlas Copco AB, a Swedish multinational industrial company known for its innovative industrial solutions, including compressors, vacuum solutions, and construction equipment. As of the latest available information, Andrew Walker has served as the Business Area President for the Compressor Technique business area, a significant division within Atlas Copco. Walker has played an essential role in driving the growth and development of the Compressor Technique division, focusing on sustainable and energy-efficient solutions. This division is crucial for Atlas Copco, as it provides a wide range of industrial compressors, gas and process compressors and expanders, air and gas treatment equipment, and air management systems. His leadership is characterized by a commitment to customer-centered innovation and growth in emerging markets. With substantial experience in the industrial sector, Walker contributes to strategic planning and operational excellence within the company. Before holding his position at Atlas Copco, Walker gained valuable experience in various international and marketing roles in the industry, which equipped him with a deep understanding of global market dynamics and customer needs.

Mr. Lars Eklof

President of MVI Tools & Assembly Systems

Lars Eklof is associated with Atlas Copco AB, a leading global provider of industrial productivity solutions, headquartered in Nacka, Sweden. While specific personal details about Mr. Eklof's early life and education are limited, his career within Atlas Copco is notable. With an expertise in engineering and business management, he has held various significant positions within the company, contributing to its growth and innovation. Atlas Copco, known for its compressors, vacuum solutions, and construction equipment, benefits from leaders like Eklof, who bring strategic insight and operational efficiency. His leadership style and business acumen have played a part in maintaining the company's competitive edge in the industrial sector.

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