Atlas Copco has acquired German industrial pump manufacturer
Nacka, Sweden: Atlas Copco has completed the acquisition of Pumpenfabrik Wangen GmbH that was announced February 21, 2022. Pumpenfabrik Wangen is 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.
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.
The purchase price is not disclosed.
The acquired business will become part of the Power and Flow division within Atlas Copco’s Power Technique Business Area.
For more information please contact:
Daniel Althoff, Vice President Investor Relations
+46 76 899 9597
Sara Hägg Liljedal, SVP Chief Communications Officer
+46 721 44 10 38
Atlas Copco Group
Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind. In 2021, Atlas Copco had revenues of BSEK111 and at year end about 43 000 employees. For more information: www.atlascopcogroup.com