Atlas Copco completes the acquisition of Australia’s Sykes Group

Atlas Copco Group has finalized its acquisition of Sykes Group Pty Ltd from Seven Group Holdings Ltd (SGH).

Image © Lulla - Adobe Stock.

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 and annual revenues of approximately A$65 million.

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 portfolio of hydraulic submersible pumps.

The Sykes business is now part of Atlas Copco’s Power and Flow Division within the Power Technique Business Area.