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เกจวัดแรงดันแก๊สหุงต้ม has agreed to accumulate the German industrial pump producer Pumpenfabrik Wangen GmbH from non-public equity agency Silverfleet Capital.
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Headquartered in Wangen within the Allgäu area 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 purposes.
Pumpenfabrik Wangen has manufacturing facilities in Germany, a US subsidiary and a global gross sales and service footprint. The company employs 265 individuals and had 2020 revenues of roughly €46.four million.
“Industrial pumps is a segment that we now have recognized as a strategic fit for Atlas Copco and Wangen Pumpen has leading differentiated expertise with a strong aftermarket enterprise,” stated Andrew Walker, president of Atlas Copco’s Power Technique enterprise space. “Wangen Pumpen is a powerful brand and is thought for high quality in demanding industrial applications. เกจวัดแรงดัน1บาร์ will create a solid basis for further development 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 expected to be accomplished in the course of the second quarter of 2022 and is subject to regulatory approvals.
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