M&A Deal Summary

Atlas Copco and Shenyang Rockdrill Co. Acquire Shenyang Ruifeng Machinery

On January 1, 2003, Atlas Copco and Shenyang Rockdrill Co. acquired machinery company Shenyang Ruifeng Machinery

Acquisition Highlights
  • This is Atlas Copco’s 8th and Shenyang Rockdrill Co.’s 1st transaction in the Machinery sector.
  • This is Atlas Copco’s 2nd and Shenyang Rockdrill Co.’s 1st transaction in China.

M&A Deal Summary

Date 2003-01-01
Target Shenyang Ruifeng Machinery
Sector Machinery
Buyer(s) Atlas Copco
Shenyang Rockdrill Co.
Deal Type Joint Venture

Target

Shenyang Ruifeng Machinery

Shenyang, China
Shenyang Ruifeng Machinery Ltd. is a manufactures of parts and components for pneumatic rock drills, pneumatic breakers and hydraulic breakers.

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Buyer(S) 2

Buyer

Atlas Copco

Nacka, Sweden

Category Company
Founded 1873
Sector Machinery
Employees55,248
Revenue 176.8B SEK (2024)
DESCRIPTION
Entrance to an Atlas Copco facility in Rock Hill, South Carolina.
Entrance to an Atlas Copco facility in Rock Hill, South Carolina.

Atlas Copco is a diversified industrial group, a manufacturer of compressors, expanders, and air treatment systems, construction and mining equipment, power tools, and assembly systems. Atlas Copco was founded in 1873 and is based in Nacka, Sweden.


DEAL STATS #
Overall 12 of 176
Sector: Machinery M&A 8 of 91
Type: Joint Venture M&A Deals 1 of 2
Country: China M&A 2 of 11
Year: 2003 M&A 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-06-03 Krupp Berco Bautechnik

Essen, Germany

Krupp Berco Bautechnik GmbH is a manufacturer of hydraulic demolition equipment for the mining and construction market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-04-04 DreBo Werkzeugfabrik

Altshausen, Germany

DreBo Werkzeugfabrik GmbH is a manufacturer of carbide tipped masonry drilling products.

Buy -
Buyer

Shenyang Rockdrill Co.

China

Category Company
Sector Machinery
DESCRIPTION

Shenyang Rockdrill Co. is a manufacturer of parts and components for pneumatic rock drills, pneumatic breakers and hydraulic breakers.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2003 M&A 1 of 1