Atlas Copco Aquires Pumpenfabrik Wangen GmbH

23.02.2022
Atlas Copco has agreed to acquire Pumpenfabrik Wangen GmbH, a German manufacturer of progressive cavity pumps used for transferring fluids mainly in the biogas and wastewater sectors. The company also manufactures twin-screw pumps used in sectors like food and beverage and cosmetics.
Atlas Copco Aquires Pumpenfabrik Wangen GmbH

Image source: Atlas Copco AB

Pumpenfabrik Wangen GmbH is based in Wangen, Germany, and has 265 employees. In 2020 they had revenues of approximately MEUR 46.4 (466 MSEK). The company has manufacturing facilities in Germany, and a global sales and service footprint.

“Industrial pumps is a segment that we have identified as a strategic fit for Atlas Copco and Wangen Pumpen has leading differentiated technology with a strong aftermarket business”, said Andrew Walker, Business Area President Power Technique. “Wangen Pumpen is a strong brand and is known for quality in demanding industrial applications. This acquisition will create a solid foundation for further growth in new industrial pump segments. Industrial pumps play a crucial role in creating sustainable solutions for many industries and contributing to a better tomorrow”.

The acquisition is expected to be completed during the second quarter 2022 and is subject to regulatory approvals.

The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.

The acquired business will become part of the Power and Flow division within Atlas Copco’s Power Technique Business Area.

More articles on this topic

Infrastructure Transformation Enables World Ski Championship Region to Manage Waste Sustainably

17.04.2024 -

Hosting an international sporting event may bring much-needed revenue to local communities, but it also brings some big challenges – such as the additional strain on local infrastructure. With tens of thousands of people descending on the region of Schladming in Austria for the Alpine Ski World Cup, the local wastewater treatment plant needed to be fit for purpose.

Read more

Armstrong Celebrates 90th Anniversary

05.04.2024 -

Armstrong Fluid Technology marked its 90th anniversary this April, celebrating a significant milestone of longevity and innovation in the fluid-flow systems industry. Since its founding in Toronto, Canada, in 1934 by Samuel Allan Armstrong, the company has expanded from the challenges of the Great Depression to become a leader in its field.

Read more