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SVW Seven Group Holdings Limited

39.95
0.44 (1.11%)
10 May 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Seven Group Holdings Limited ASX:SVW Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.44 1.11% 39.95 39.90 40.05 40.44 39.67 39.81 886,830 07:40:31

Atlas Copco Buys Australian Pump Manufacturer From Seven Group Holdings

21/08/2023 7:54am

Dow Jones News


Seven (ASX:SVW)
Historical Stock Chart


From May 2023 to May 2024

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By Dominic Chopping

 

STOCKHOLM--Atlas Copco said Monday that it has agreed to acquire Australian dewatering pump manufacturer Sykes Group from Seven Group Holdings.

Sykes is headquartered in Newcastle, New South Wales, and has 123 employees globally with annual revenue of around 65 million Australian dollars ($41.6 million). It serves the mining and wastewater industries.

The acquisition is expected to close during the fourth quarter of 2023.

Financial terms weren't disclosed.

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

August 21, 2023 02:39 ET (06:39 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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