Atlas Copco completes Sykes acquisition

Atlas Copco, which announced in August that it would acquire dewatering pump manufacturer Sykes Group, confirmed on December 5 that the transaction has closed.

The company bought Australian-headquartered Sykes from Seven Group Holdings. Sykes serves the mining and wastewater segments with a wide range of surface dewatering pumps, together with chopper and cutter technologies for wastewater applications. It also has a complete and versatile portfolio of hydraulic submersible pumps. 

The purchase price was not disclosed. The business has become part of the Power and Flow division within the Power Technique business area. 

Source: Atlas Copco

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