Franklin Electric has agreed to acquire Australian underground mine dewatering specialist Challenge Pumps Holdings for US$181 million. The deal is reported on October 28, 2026.
Franklin Electric has entered a definitive agreement to acquire Challenge Pumps Holdings, a Perth-based maker of underground mine dewatering solutions, for $181 million. The article header gives the date as 29 October 2026, which is later than the article's listing date.
Franklin Electric has acquired Australia-based PumpEng Pty Ltd, a manufacturer of submersible pumps for the mining sector, as listed in a January to June 2025 review.
Epiroc won its largest order in company history, worth A$350 million, to supply Fortescue with autonomous and electric surface drilling equipment over five years for Pilbara iron ore mines in Western Australia.
Franklin Electric has bought Australia-based PumpEng Pty Ltd, a manufacturer of submersible pumps targeted at the mining sector.
Franklin Electric has acquired PumpEng Pty Ltd, a Perth-based maker of submersible dewatering pumps for the mining sector. PumpEng has locations in Kalgoorlie, Townsville, Adelaide and Twin Falls, Idaho, and about 50 staff.
Franklin Electric agreed to acquire Challenge Pumps Holdings, a Perth-based maker of underground mine dewatering pumps, for about US$181 million in cash plus up to US$14 million contingent consideration.
Metso is acquiring Jindex Pty Ltd, a privately owned Australian maker of valves and process flow control equipment, to strengthen its slurry handling offering for the mining industry.
Metso has signed an agreement to acquire Jindex Pty Ltd, a Sydney-based private Australian valve and flow control company. The deal is expected to close in August 2024, and the transaction value was not disclosed.
WestStar Industrial's subsidiary Alltype Engineering was awarded a circa A$33 million fabrication and installation contract by Lynas Rare Earths for its Kalgoorlie rare earths processing facility, to be completed during FY23.
BUMA Australia has been awarded a mining services contract extension by BHP Billiton Mitsubishi Alliance (BMA) for the Goonyella Riverside coal mine in Central Queensland. The extension adds about AU$400 million to its order book and runs through September 2027.
Weir Group has won a £95 million ($127 million) order to provide aftermarket components and service for the Iron Bridge magnetite project in the Pilbara, Western Australia, running for seven years from 2022.
The Weir Group won a £100 million order to supply crushing and pump equipment, including Enduron HPGRs and GEHO pumps, to Fortescue's Iron Bridge magnetite project in Western Australia.
Atlas Copco announced plans to acquire an Australian mining service business. The article provides no further details on the target, value or closing timeline.
Midwest Valves & Controls was given the opportunity to distribute SEEPEX progressive cavity pumps in New South Wales, Australia. The pumps serve mining dewatering, dust removal and other applications.