Atlas Copco to acquire Integrated Pump Rental
Specialty rental provider of dewatering solutions in South Africa Integrated Pump Rental (IPR) will become part of Atlas Copco Group’s specialty rental division within the Power Technique business area.
IPR provides fully outsourced dewatering solutions through the rental of pump and ancillary equipment within industries such as mining, quarrying, construction and wastewater.
“The acquisition of IPR will give us a solid footprint for specialty dewatering in sub-Saharan Africa – a critical mining market. IPR will provide us with a competence hub and operational capability in the region,” says Atlas Copco Power Technique business area president Andrew Walker.
The purchase price has not been disclosed and Atlas Copco says the acquisition is expected to close during the third quarter of this year.
