Atlas Copco has agreed to acquire the German industrial pump producer Pumpenfabrik Wangen GmbH from private fairness firm Silverfleet Capital.
Image © wladimir1804 – stock.adobe.com.
Headquartered in Wangen within the Allgäu area of Germany, Pumpenfabrik Wangen specialises in progressive cavity pumps used primarily within the biogas and wastewater sectors, and twin-screw pumps for food and beverage and cosmetics purposes.
pressure gauge has manufacturing services in Germany, a US subsidiary and a world gross sales and repair footprint. The company employs 265 people and had 2020 revenues of roughly €46.four million.
“ เพรสเชอร์เกจ is a segment that we have recognized as a strategic match for Atlas Copco and Wangen Pumpen has main differentiated technology with a powerful aftermarket business,” stated Andrew Walker, president of Atlas Copco’s Power Technique business space. “Wangen Pumpen is a robust model and is thought for quality in demanding industrial purposes. This acquisition will create a strong basis for additional progress in new industrial pump segments.”
The acquired business will turn into part of the Power and Flow division inside Atlas Copco’s Power Technique Business Area.
ไดอะแฟรม is expected to be accomplished through the second quarter of 2022 and is topic to regulatory approvals.
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