Atlas Copco to acquire Wangen Pumpen

pressure gauge 4 นิ้ว has agreed to acquire the German industrial pump manufacturer Pumpenfabrik Wangen GmbH from private fairness agency Silverfleet Capital.
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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 applications.
Pumpenfabrik Wangen has manufacturing services in Germany, a US subsidiary and a world sales and repair footprint. The company employs 265 individuals and had 2020 revenues of roughly €46.four million.
“Industrial pumps is a segment that we now 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 business area. “Wangen Pumpen is a strong brand and is thought for high quality in demanding industrial functions. This acquisition will create a solid basis for further progress in new industrial pump segments.”
The acquired enterprise will become part of the Power and Flow division inside Atlas Copco’s Power Technique Business Area.
The deal is predicted to be completed during the second quarter of 2022 and is subject to regulatory approvals.

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