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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 within the Allgäu region of Germany, Pumpenfabrik Wangen specialises in progressive cavity pumps used mainly in the biogas and wastewater sectors, and twin-screw pumps for meals and beverage and cosmetics applications.
Pumpenfabrik Wangen has manufacturing facilities in Germany, a US subsidiary and a worldwide sales and service footprint. The firm employs 265 folks and had 2020 revenues of approximately €46.four million.
“Industrial pumps is a phase that we have identified 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 space. “Wangen Pumpen is a robust brand and is understood for high quality in demanding industrial purposes. This acquisition will create a strong foundation for additional progress in new industrial pump segments.”
เกจวัดแรงดันราคา acquired enterprise will turn out to be a part of the Power and Flow division within Atlas Copco’s Power Technique Business Area.
The deal is predicted to be completed through the second quarter of 2022 and is topic to regulatory approvals.
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