Swedish engineering company Atlas Copco AB [ATCO-A.SK] said Friday it has sold its business related to self drilling anchors to Minova, a unit of Australian Orica Limited (ORI.AU).

 
   MAIN FACTS:

-The parties have agreed not to disclose the price of the transaction.

-The divested business, which is based in Feistritz, Austria, has annual revenues of approximately SEK100 million.

-About 45 people are affected by the change of ownership, and will be offered employment by Minova.

-At 0806 GMT, shares were trading flat at SEK127.60.

-By Niclas Rolander; Dow Jones Newswires; +46-8-5451-3102; niclas.rolander@dowjones.com

Orica (ASX:ORI)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more Orica Charts.
Orica (ASX:ORI)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more Orica Charts.