Atlas Copco to acquire Australian mining service business
Stockholm, Sweden, January 10, 2018: Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to acquire the assets of Hy-Performance Fluid Power Pty Ltd, an Australian service provider for mining and infrastructure.Hy-Performance Fluid Power is based in Brisbane, with sales mainly in Australia. The company provides remanufacturing, service and repair of hydraulic components for drill rigs. It has 26 employees and had revenues of MAUD 7.5 (MSEK 50) in the fiscal year ending June 30, 2017. “The strong team at Hy-Performance Fluid Power will play an important role