South African specialty dewatering solutions company has become part of Atlas Copco Group

Nacka, Sweden, September 3, 2024: The acquisition of Integrated Pump Rental (“IPR”), a specialty rental provider of dewatering solutions in South Africa, has been completed.

IPR is headquartered in Johannesburg and has 18 employees. The company provides fully outsourced dewatering solutions through rental of pump and ancillary equipment. In 2023 IPR had revenues of 5 MEUR (57 MSEK*).

The purchase price is not disclosed.

The business has become part of the Specialty Rental division within the Power Technique Business Area.

*Based on average exchange rate in 2023.

For more information please contact:

Christina Malmberg Hägerstrand, Media Relations Manager
+46 72 855 93 29
media@atlascopco.com

Daniel Althoff, Vice President Investor Relations
+46 76 899 9597
ir@atlascopco.com

About Atlas Copco Group:

Atlas Copco Group enables technology that transforms the future. We innovate to develop products, services and solutions that are key to our customers’ success. Our four business areas offer compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools and assembly and machine vision solutions. In 2023, the Group had revenues of BSEK 173, and at year end about 53 000 employees. www.atlascopcogroup.com