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.

AxFlow Oceania acquired a majority stake in Queensland-based Dowdens Group, its largest regional investment to date in the Australian fluid handling market.

AxFlow Oceania bought a majority stake in Dowdens Group in Queensland, Australia; the existing owners remain as shareholders.

AxFlow Oceania has partnered with management to acquire a majority stake in Dowdens Group, a Queensland fluid handling provider founded in 1973. The deal is AxFlow's largest investment in Oceania to date.

AxFlow, the fluid handling group of Axel Johnson International, acquired Advanced Pump Technologies Pty Ltd, a Perth-based pump distributor serving mining, industrial and irrigation markets in Western Australia, including exclusive Lowara distribution rights.

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.

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.

Atlas Copco Group has acquired AVT Services Pty Limited, a vacuum pump and system sales and service company headquartered in Sydney with 15 employees, undisclosed price.

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.

De.mem Ltd signed a binding agreement to acquire the Border Pumpworks business, based in Wodonga, Victoria, Australia, in Q2 2024.

Atlas Copco completed its acquisition of Sykes Group Pty Ltd from Seven Group Holdings, a Newcastle, New South Wales maker of mining and wastewater dewatering pumps with 123 employees and about 65 MAUD in annual revenue. The purchase price was not disclosed.

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.

Atlas Copco agreed to acquire National Pump & Energy, a pump, power and compressor rental and sales business in Australia and New Zealand, with closing expected in Q2 2023. The price was not disclosed.

Australian-Singaporean water treatment company De.mem Ltd has acquired Stevco Seals & Pumps Victoria Pty Ltd, based in Epping, Victoria, to expand its cross-selling of membrane-based systems.

AES Engineering Group acquired a controlling stake in Stevco Seals & Pumps and Australian Engineering Sales & Service, forming AESSEAL NSW Pty Ltd in New South Wales. The price was undisclosed and the deal was completed on March 31, 2022.

Sterling Pumps has acquired United Pumps Pty Ltd, a Melbourne-based pump maker focused on oil and gas projects, effective late June 2020. United Pumps will continue operating its Pakenham and Sunshine plants under current management.

Private equity firm Allegro Funds has agreed terms to take a stake in Questas Group, an Australian provider of hydraulic, irrigation, pump and engine solutions.

AxFlow Group's Brown Brothers Engineers/Kelair Pumps acquired GT Water Technologies, a family-owned maker of fire water tanks in the Melbourne area, in Q1 2019.

Swedish-based AxFlow agreed to buy the pump trading businesses of Mace Group, including Brown Brothers Engineers, Brown Brothers Engineers Australia and Kelair Pumps Australia, with the sale effective 1 October 2018.

HEROSE has acquired a majority shareholding of 51% in Australian valve manufacturer Mack Valves, which has plants in Melbourne and Pune, India.

Chinese NEEQ-listed Youji (优机股份) announced it will acquire a 21.86% stake in Australian valve and engineering company AVE for RMB 958,900 (about 95.89万 yuan), raising its holding to 72.86%.