Atlas Copco Acquires Dewatering Pump Manufacturer

Published On: August 24, 2023By Categories: Newsline

Atlas Copco has agreed to acquire Sykes Group (Sykes) from Seven Group Holdings, a company listed on the Australian Securities Exchange.

Sykes is a global manufacturer of dewatering pumps, predominantly used for transferring water with solids and abrasive nature within the mining and wastewater sectors. Headquartered in Newcastle, New South Wales, Australia, Sykes has 123 employees globally.

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 portfolio of hydraulic submersible pumps.

“Sykes’ products are well known in the industry as high-quality, heavy-duty products for harsh and demanding environments,” Andrew Walker, business area president Power Technique, says. “They manufacture products that complement our current offering well, making it a great fit for us.”

The business will become part of the Power and Flow Division within the Power Technique Business Area of Atlas Copco.

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