{"id":45130,"date":"2022-03-01T13:00:53","date_gmt":"2022-03-01T12:00:53","guid":{"rendered":"https:\/\/www.expo21xx.com\/news\/?p=45130"},"modified":"2022-02-25T13:42:18","modified_gmt":"2022-02-25T12:42:18","slug":"atlas-copco-acquire-german-industrial-pump-manufacturer","status":"publish","type":"post","link":"https:\/\/www.expo21xx.com\/news\/atlas-copco-acquire-german-industrial-pump-manufacturer\/","title":{"rendered":"Atlas Copco to acquire German industrial pump manufacturer"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"445\" src=\"https:\/\/www.expo21xx.com\/news\/wp-content\/uploads\/Bildschirmfoto-2022-02-25-um-13.37.21-700x445.png\" alt=\"\" class=\"wp-image-45131\" srcset=\"https:\/\/www.expo21xx.com\/news\/wp-content\/uploads\/Bildschirmfoto-2022-02-25-um-13.37.21-700x445.png 700w, https:\/\/www.expo21xx.com\/news\/wp-content\/uploads\/Bildschirmfoto-2022-02-25-um-13.37.21-149x95.png 149w, https:\/\/www.expo21xx.com\/news\/wp-content\/uploads\/Bildschirmfoto-2022-02-25-um-13.37.21-350x223.png 350w, https:\/\/www.expo21xx.com\/news\/wp-content\/uploads\/Bildschirmfoto-2022-02-25-um-13.37.21.png 758w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><figcaption>Photo by Pumpenfabrik Wangen GmbH<\/figcaption><\/figure>\n\n\n\n<p>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.  <\/p>\n\n\n\n<p>Pumpenfabrik Wangen GmbH is based in Wangen, Germany, and has 265 <br>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.   \u201cIndustrial 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\u201d, said Andrew Walker, Business Area President Power Technique. \u201cWangen 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\u201d.  <br><br>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\u2019s market capitalization and is not disclosed. The acquired business will become part of the Power and Flow division within Atlas Copco\u2019s Power Technique Business Area.<\/p>\n\n\n\n<p>For more information, please visit: <a href=\"https:\/\/www.wangen.com\/en\/news\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"https:\/\/www.wangen.com\/en\/news\/ (opens in a new tab)\">https:\/\/www.wangen.com\/en\/news\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":45133,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[682],"tags":[514,603,72,813,382,898,309],"class_list":["post-45130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-process-industry","tag-diaphragm-pump","tag-displacement-pump","tag-pump","tag-pumping","tag-pumps","tag-submersible-pumps","tag-vacuum-pump"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Atlas Copco to acquire German industrial pump manufacturer - EXPO21XX.com NEWS<\/title>\n<meta name=\"description\" content=\"Atlas Copco has agreed to acquire Pumpenfabrik Wangen GmbH, a German manufacturer of progressive cavity pumps used for transferring fluids mainly...\" \/>\n<meta name=\"robots\" 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