CWL Capital announces majority acquisition of Pressure Dynamics (PDs) and its subsidiary, United Fluid Power (UFP), both renowned Australian-based engineering and specialist maintenance providers.
CWL Capital is proud to announce the majority acquisition of Pressure Dynamics (PD’s) and its subsidiary, United Fluid Power (UFP), both renowned Australian-based engineering and specialist maintenance providers.
A cornerstone of our investment strategy is to partner with companies and leaders that share our values and exhibit a strong growth trajectory. Pressure Dynamics and United Fluid Power exemplify these qualities.
Founded in 1979, Pressure Dynamics delivers highly specialised Hydraulic and Crane Engineering and Maintenance services across Western Australia (WA) the Northern Territory (NT), Queensland (QLD), New Zealand (NZ) in the Energy, Mining, and Defence sectors. With a projected annual turnover exceeding $60 million, Pressure Dynamics is a significant addition to the CWL portfolio.
This acquisition enhances our specialised service offerings and creates natural synergies and benefits with several of our current Australian-based companies, including Vertech, which operates in the same market sectors as PD’s, Remo in the renewables sector, Abseil Access in civil engineering, AUAV in the aerial drone & UAV services, APS in the infrastructure space and Geo Oceans and Sonomatic in the subsea segment. Additionally, it expands our presence in the evolving ANZ Defence sector.
Pressure Dynamics and United Fluid Power Managing Director, Snjezan Mackic, commented:
“We are thrilled to join forces with CWL Capital. Our shared alignment on people, culture, quality, innovation and sustainable growth aligns perfectly with our vision for the future. This partnership will enable us to leverage new opportunities and continue delivering exceptional services to our clients across various sectors.’’
The CWL Board of Directors stated:
“The acquisition of Pressure Dynamics and United Fluid Power underscores our dedication to investing in companies with strong leadership and a proven track record of success. We believe this partnership will drive significant growth and innovation, benefiting all stakeholders involved. Importantly, PD and UFP will continue to operate independently under their existing management teams and structure.”
We are enthusiastic about the future and confident that this acquisition will yield substantial benefits for all parties. We welcome Pressure Dynamics and United Fluid Power into the CWL Capital family and look forward to a prosperous collaboration.
