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Silverfleet sells Pumpenfabrik Wangen

Pan-European private equity firm Silverfleet Capital has agreed to sell Pumpenfabrik Wangen (Wangen), a designer and manufacturer of progressive cavity and twin-screw pumps, to Atlas Copco Group.

Completion of the transaction is subject to customary anti-trust approvals and is expected to occur in Q1 or Q2 2022. 

The terms of the transaction have not been disclosed.
  
Silverfleet acquired Pumpenfabrik Wangen in 2017, having identified the potential to further internationalise the company based on its highly attractive product portfolio and leading product innovation capabilities. Since then, Silverfleet has backed Wangen’s acquisition of the Germany-based business unit for Progressive Cavity Pumps (MX line) from Knoll Maschinenbau GmbH and has supported Wangen’s strategy to further expand its presence in the US-market via its US site in Elk Grove Village, Illinois.

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