Atlas Copco has agreed to amass the German industrial pump producer Pumpenfabrik Wangen GmbH from private fairness firm Silverfleet Capital.
Image © wladimir1804 – inventory.adobe.com.
Headquartered in Wangen in the Allgäu area of Germany, Pumpenfabrik Wangen specialises in progressive cavity pumps used mainly within the biogas and wastewater sectors, and twin-screw pumps for meals and beverage and cosmetics purposes.
Pumpenfabrik Wangen has manufacturing facilities in Germany, a US subsidiary and a global gross sales and repair footprint. The company employs 265 people and had 2020 revenues of approximately €46.4 million.
“Industrial pumps is a phase that we now have recognized as a strategic match for Atlas Copco and Wangen Pumpen has leading differentiated expertise with a robust aftermarket business,” said Andrew Walker, president of Atlas Copco’s Power Technique business area. “Wangen Pumpen is a powerful model and is understood for quality in demanding industrial functions. ราคาpressuregauge will create a solid basis for further development in new industrial pump segments.”
The acquired business will become part of the Power and Flow division inside Atlas Copco’s Power Technique Business Area.
The deal is predicted to be accomplished in the course of the second quarter of 2022 and is topic to regulatory approvals.
fittingthai.com & radiusglobal.co.th Shop power by Odoo ERP