Atlas Copco to acquire Wangen Pumpen

ชนิดของpressuregauge has agreed to amass the German industrial pump manufacturer Pumpenfabrik Wangen GmbH from private equity agency Silverfleet Capital.
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Headquartered in Wangen in the Allgäu area 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 purposes.
Pumpenfabrik Wangen has manufacturing facilities in Germany, a US subsidiary and a world gross sales and repair footprint. The company employs 265 individuals and had 2020 revenues of approximately €46.four million.
“Industrial pumps is a segment that we now have recognized as a strategic fit for Atlas Copco and Wangen Pumpen has main differentiated technology with a powerful aftermarket business,” said Andrew Walker, president of Atlas Copco’s Power Technique enterprise area. “Wangen Pumpen is a powerful model and is known for quality in demanding industrial purposes. This acquisition will create a strong basis for further growth in new industrial pump segments.”
The acquired business will turn out to be a part of the Power and Flow division inside Atlas Copco’s Power Technique Business Area.
The deal is anticipated to be accomplished through the second quarter of 2022 and is topic to regulatory approvals.

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