Atlas Copco Buys Australia's National Pump & Energy
Provided by
Dow Jones
By Dominic Chopping
STOCKHOLM--Atlas Copco AB said Monday that it has agreed to acquire National Pump & Energy Ltd., an Australia-based dewatering, environmental services and water treatment solutions provider.
The Swedish industrial tool maker said National Pump & Energy has 420 employees and had revenue of around 205 million Austrlian dollars ($137.5 million) in 2022.
The acquisition is subject to regulatory approval and is expected to close during the second quarter of 2023.
The purchase price wasn't disclosed.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
April 17, 2023 06:34 ET (10:34 GMT)
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