Atlas Copco to acquire Wangen Pumpen

Atlas Copco has agreed to acquire the German industrial pump producer Pumpenfabrik Wangen GmbH from personal fairness firm Silverfleet Capital.
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Headquartered in Wangen in the Allgäu region of Germany, Pumpenfabrik Wangen specialises in progressive cavity pumps used primarily within the biogas and wastewater sectors, and twin-screw pumps for meals and beverage and cosmetics applications.
Pumpenfabrik Wangen has manufacturing amenities in Germany, a US subsidiary and a worldwide sales and service footprint. เกจวัดแรงดันน้ำมันเครื่อง employs 265 people and had 2020 revenues of approximately €46.4 million.
“Industrial pumps is a segment that we have identified as a strategic fit for Atlas Copco and Wangen Pumpen has main differentiated expertise with a strong aftermarket enterprise,” mentioned Andrew Walker, president of Atlas Copco’s Power Technique business space. “Wangen Pumpen is a powerful model and is thought for high quality in demanding industrial purposes. This acquisition will create a solid basis for further progress in new industrial pump segments.”
The acquired business will turn into a part of the Power and Flow division within Atlas Copco’s Power Technique Business Area.
The deal is anticipated to be completed during the second quarter of 2022 and is topic to regulatory approvals.
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