Atlas Copco has agreed to acquire Pumpenfabrik Wangen GmbH, a German manufacturer based in Wangen manufacturing progressive cavity pumps used for transferring fluids.
Said Andrew Walker, Business Area President Power Technique: “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. 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. For more visit atlascopco.com