Atlas Copco has completed the acquisition of Pumpenfabrik Wangen GmbH that was announced on 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, it 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 yet. The acquired business will become part of the Power and Flow division within Atlas Copco’s Power Technique Business Area.
With its headquarters in Nacka, Sweden, Atlas Copco, a Swedish multinational industrial company, has been turning industrial ideas into business-critical benefits since 1873. It manufactures industrial tools and equipment. By listening to its customers and knowing their needs, the company delivers value and innovates with the future in mind. In 2021, Atlas Copco had revenues of BSEK111 and at year end about 43,000 employees
