Atlas Copco to amass Wangen Pumpen

Atlas Copco has agreed to accumulate the German industrial pump manufacturer Pumpenfabrik Wangen GmbH from non-public equity agency Silverfleet Capital.
Image © wladimir1804 – inventory.adobe.com.
Headquartered in Wangen within the Allgäu region of Germany, Pumpenfabrik Wangen specialises in progressive cavity pumps used primarily within the biogas and wastewater sectors, and twin-screw pumps for food and beverage and cosmetics functions.
Pumpenfabrik Wangen has manufacturing amenities in Germany, a US subsidiary and a worldwide gross sales and service footprint. The company employs 265 individuals and had 2020 revenues of approximately €46.four million.
“Industrial pumps is a section that we have recognized as a strategic match for Atlas Copco and Wangen Pumpen has leading differentiated technology with a powerful aftermarket enterprise,” said Andrew Walker, president of Atlas Copco’s Power Technique business space. “Wangen Pumpen is a strong brand and is understood for quality in demanding industrial applications. This acquisition will create a solid basis for additional progress in new industrial pump segments.”
เกจวัดแรงดันไฮดรอลิค acquired enterprise will become a part of the Power and Flow division inside Atlas Copco’s Power Technique Business Area.
The deal is anticipated to be accomplished in the course of the second quarter of 2022 and is subject to regulatory approvals.
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