Atlas Copco completes acquisition of specialty dewatering services provider in Australia
June 1, 2023
Nacka, Sweden, June 1, 2023: Atlas Copco has completed the acquisition of National Pump & Energy (NPE). The business provides dewatering, environmental services and water treatment solutions in Australia and New Zealand.
The company has 420 employees and in 2022 had revenues of approximately 205 MAUD (1400 MSEK*).
The company provides specialty environmental services and water treatment solutions for large and complex dewatering and sewage bypass projects. The main customer segments of the company include infrastructure construction and municipalities. NPE is also specialized in dewatering solutions for mining connected to metals needed in electrification.
The purchase price is not disclosed. The business becomes part of the Specialty Rental Division within the Power Technique Business Area.
*Based on the average exchange rate in 2022.
For more information please contact:
- Daniel Althoff, Vice President Investor Relations
+46 76 899 9597
[email protected]
- Amanda Billner, Media Relations Manager
+46 73 58 25 670
[email protected]
Atlas Copco Group
Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind. In 2022, Atlas Copco Group had revenues of BSEK 141 and at year end about 49 000 employees.