Silverfleet Capital to acquire Pumpenfabrik

The private equity firm Silverfleet Capital has entered into a binding contract to acquire a majority stake in German pump manufacturer Pumpenfabrik Wangen GmbH from the company’s individual private shareholders.

Founded in 1969, Wangen manufactures standard and customised progressing cavity and twin-screw pumps for the biogas, food & beverage, agriculture and wastewater treatment markets. The company employs around 200 people in Wangen, Germany and sells its products into Europe, Asia and the Americas. Clients include the Royal Navy, Schwarzkopf, Ritter Sport and the Wirtgen Group. Wangen is expecting revenues of €37 million in 2017.