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Atlas Copco has agreed to accumulate the German industrial pump producer Pumpenfabrik Wangen GmbH from non-public fairness firm Silverfleet Capital.
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Headquartered in Wangen within the Allgäu region of Germany, Pumpenfabrik Wangen specialises in progressive cavity pumps used mainly within the biogas and wastewater sectors, and twin-screw pumps for food and beverage and cosmetics functions.
Pumpenfabrik Wangen has manufacturing amenities in Germany, a US subsidiary and a global gross sales and service footprint. The company employs 265 people and had 2020 revenues of approximately €46.4 million.
“Industrial pumps is a segment that we have recognized as a strategic match for Atlas Copco and Wangen Pumpen has leading differentiated know-how with a powerful aftermarket enterprise,” said Andrew Walker, president of Atlas Copco’s Power Technique enterprise area. “Wangen Pumpen is a strong model and is thought for quality in demanding industrial applications. pressure gauge will create a strong foundation for additional growth in new industrial pump segments.”

The acquired enterprise will turn into part of the Power and Flow division within Atlas Copco’s Power Technique Business Area.
เพรสเชอร์เกจ is anticipated to be accomplished in the course of the second quarter of 2022 and is topic to regulatory approvals.
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