Atlas Copco acquires a German pump distributor
08 January 2019
Atlas Copco has acquired Industrie Pumpen Vertriebs GmbH (IPV), a German distributor of industrial pumps, including Varisco. The purchase price has not been disclosed. Italy-based Varisco has been owned by Atlas Copco since late 2015.
IPV is based in Dresden, and reported revenues of approximately €5 million in 2017.…