Atlas Copco Acquires Pump Distributor
Published: 19/3, 2019
Atlas Copco has acquired Industrie Pumpen Vertriebs GmbH (IPV), a German distributor of industrial pumps for the Varisco brand. Based in Dresden, the 20-person company focuses on products for the chemical industry. The value of the acquisition was not disclosed. The industrial segment is key for us in order to further grow our pumps business, says Andrew Walker, President of Atlas Copco's Power Technique business area, of which IPV will become a part. Image caption Left to right: Massimo Scapolo, general manager of VariscoÕs customer center; Maik Graumuller - owner IPV; Adrian Ridge, president, Atlas Copco Power and Flow division; and Wim Moors, vice-president for marketing for Atlas Copco Flow products.