Atlas Copco to acquire Wangen Pumpen

Atlas Copco has agreed to accumulate the German industrial pump manufacturer Pumpenfabrik Wangen GmbH from personal fairness agency Silverfleet Capital.
Image © wladimir1804 – inventory.adobe.com.
เกจ์วัดความดัน 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 meals and beverage and cosmetics functions.
Pumpenfabrik Wangen has manufacturing services in Germany, a US subsidiary and a global gross sales and service footprint. The company employs 265 folks and had 2020 revenues of roughly €46.4 million.
“Industrial pumps is a segment that we now have identified as a strategic fit for Atlas Copco and Wangen Pumpen has leading differentiated know-how with a strong aftermarket enterprise,” said Andrew Walker, president of Atlas Copco’s Power Technique business space. “Wangen Pumpen is a powerful brand and is known for quality in demanding industrial applications. This acquisition will create a solid foundation for additional progress in new industrial pump segments.”

The acquired business will turn into part of the Power and Flow division within 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.
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