Atlas Copco Buys Australian Pump Manufacturer From Seven Group Holdings
21 Août 2023 - 8:54AM
Dow Jones News
By Dominic Chopping
STOCKHOLM--Atlas Copco said Monday that it has agreed to acquire
Australian dewatering pump manufacturer Sykes Group from Seven
Group Holdings.
Sykes is headquartered in Newcastle, New South Wales, and has
123 employees globally with annual revenue of around 65 million
Australian dollars ($41.6 million). It serves the mining and
wastewater industries.
The acquisition is expected to close during the fourth quarter
of 2023.
Financial terms weren't disclosed.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
August 21, 2023 02:39 ET (06:39 GMT)
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