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Atlas Copco Acquires Geawelltech

Geawelltech to become part of surface and exploration drilling division.

Atlas Copco, Stockholm, Sweden, has acquired Geawelltech, a manufacturer of well and geotechnical drilling equipment.

Geawelltech is an Atlas Copco distributor, and the majority of revenues are generated from this business.

The acquired business will become part of Atlas Copco’s surface and exploration drilling division in the mining and rock excavation technique business area.

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