POELLATH advises the management of Pumpenfabrik Wangen GmbH on the sale to Atlas Copco Group

The parties have agreed not to disclose the financial details of the transaction. The closing of the transaction is still subject to the customary regulatory approvals. The transaction is expected to close in the first or second quarter of 2022. POELLATH provided comprehensive legal and tax advice to the management of Pumpenfabrik Wangen within the context of the transaction, as well as with regard to the management participation.

Since 1969, Pumpenfabrik Wangen, located in Wangen (Allgäu), has been producing pumps for a wide variety of transported substances and materials in numerous industries including, e.g., wastewater & sewage technology, biogas, pharmaceuticals & industry. The company employs around 265 people and has production facilities in Germany, as well as a global sales and service presence.

Silverfleet Capital is a European private equity firm specializing in buy-to-build strategies for mid-sized companies. Silverfleet’s portfolio includes companies from the UK, France, Benelux, Scandinavia and Germany.

The Atlas Copco Group is a Swedish industrial group with global operations in compressor technology, industrial technology (including tools and assembly systems), construction technology and mining technology. The company employs approximately 40,000 people and serves customers in more than 180 countries.

POELLATH provided comprehensive legal and tax advice to the management of Pumpenfabrik Wangen in connection with the sale with the following Munich team:

• Dr. Nico Fischer (partner, tax)
• Dr. Benedikt Hohaus (partner, management participations)
• Dr. Tim Kaufhold (partner, M&A/private equity)
• Dr. Moritz Klein (counsel, M&A/private equity)