Atlas Copco to Acquire Specialty Dewatering Services Provider in Australia
(Image source: Atlas Copco AB)
“NPE has strong market recognition, and great expertise”, said Andrew Walker, Business Area President Power Technique. “The acquisition will strengthen our presence in dewatering and water treatment, which is an area where needs are increasing due to climate change and more frequent flooding events. This is driving the need for fast response and specialty dewatering solutions.”
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 acquisition is subject to regulatory approval and is expected to close during the second quarter of 2023. The business will become part of the Specialty Rental Division within the Power Technique Business Area.
Source: Atlas Copco AB