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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Atlas Copco to acquire Sykes Group, Australian dewatering pump maker · Endata

◂ Announcements

Pumps and Valvesworld trade 2024+3.2% 5Y CAGR

Aug 21, 2023ACQUISITIONNewcastle, New South Wales, Australia

Atlas Copco to acquire Sykes Group, Australian dewatering pump maker

Atlas Copco agreed to acquire Sykes Group Pty Ltd from Seven Group Holdings, a manufacturer of dewatering pumps based in Newcastle, New South Wales. The price was not disclosed and closing is expected in Q4 2023.

Status

Announced

Productsdewatering pumpssubmersible pumpschopper and cutter pumps

CompaniesAtlas Copco acquirer Sykes Group target Seven Group Holdings partner

Sectors#Pumps and Valves

“The purchase price is not disclosed.”atlascopcogroup.com

3 sources
atlascopcogroup.comAtlas Copco to acquire an Australian dewatering pump manufacturerAug 21, 2023
mdm.comAtlas Copco to Acquire Australian Dewatering Pump Maker - Modern Distribution ManagementAug 21, 2023
mdm.comOctober M&A Roundup: 4Q Launches with 2nd Most Deals of 2023 - Modern Distribution ManagementOct 31, 2023

Summarized from public sources; check the original articles before acting on it.

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