Atlas Copco to acquire Wangen Pumpen

Atlas Copco has agreed to accumulate the German industrial pump manufacturer Pumpenfabrik Wangen GmbH from private equity firm Silverfleet Capital.
Image © wladimir1804 – inventory.adobe.com.
Headquartered in Wangen within 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 functions.
เกจวัดแรงดันsumo has manufacturing services in Germany, a US subsidiary and a global gross sales and service footprint. The firm employs 265 people and had 2020 revenues of roughly €46.four million.
“Industrial pumps is a segment that we’ve identified as a strategic fit for Atlas Copco and Wangen Pumpen has main differentiated technology with a robust aftermarket enterprise,” mentioned Andrew Walker, president of Atlas Copco’s Power Technique enterprise area. “Wangen Pumpen is a robust brand and is known for high quality in demanding industrial purposes. This acquisition will create a strong foundation for further growth in new industrial pump segments.”
The acquired business will turn into a half of the Power and Flow division within Atlas Copco’s Power Technique Business Area.
The deal is expected to be accomplished through the second quarter of 2022 and is subject to regulatory approvals.
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