Atlas Copco has agreed to acquire the German industrial pump producer Pumpenfabrik Wangen GmbH from personal fairness firm Silverfleet Capital.
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Headquartered in Wangen within the Allgäu region of Germany, Pumpenfabrik Wangen specialises in progressive cavity pumps used primarily in the biogas and wastewater sectors, and twin-screw pumps for meals and beverage and cosmetics functions.
Pumpenfabrik Wangen has manufacturing facilities in Germany, a US subsidiary and a world gross sales and service footprint. The firm employs 265 folks and had 2020 revenues of approximately €46.4 million.
“Industrial pumps is a phase that we have recognized as a strategic match for Atlas Copco and Wangen Pumpen has main differentiated know-how with a strong aftermarket enterprise,” stated Andrew Walker, president of Atlas Copco’s Power Technique enterprise space. “Wangen Pumpen is a strong brand and is known for high quality in demanding industrial applications. This acquisition will create a stable foundation for further development in new industrial pump segments.”
The acquired enterprise will turn into part of the Power and Flow division inside Atlas Copco’s Power Technique Business Area.
ราคาเกจวัดแรงดันลม is expected to be completed in the course of the second quarter of 2022 and is topic to regulatory approvals.
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