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Deal announced Aug 2023 · Newcastle, New South Wales, Australia

Atlas Copco to acquire dewatering pump maker Sykes Group from Seven Group Holdings

Atlas Copco agreed to acquire Sykes Group Pty Ltd, an Australian manufacturer of dewatering pumps, from ASX-listed Seven Group Holdings. The deal was expected to close in Q4 2023, with Sykes joining Atlas Copco's Power and Flow Division.

“[Atlas Copco](http://m/articles/102529-atlas-copco-acquires-compressed-air-products-inc) has agreed to acquire Sykes Group Pty Ltd (Sykes) from Seven Group Holdings Ltd (SGH), a company listed on the Australian Securities Exchange (ASX).”

Entities

Atlas Copco · Acquirer Seven Group Holdings Ltd · Parent Sykes Group Pty Ltd · Target
Plumbing

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