MRO Magazine

Atlas Copco acquires IPV

MRO Magazine   

Industry

Atlas Copco has acquired German Industrie Pumpen Vertriebs GmbH (IPV), a distributor of industrial pumps for Varisco brand.

IPV is based in Dresden, Germany and its main market is the chemical industry.

“The industrial segment is key for us in order to further grow our pumps business,” said Andrew Walker, Business Area President Power Technique. “The acquisition will strengthen our presence in the north west of Europe”.

It will become part of Atlas Copco’s Power and Flow division in the Power Technique business area and legally be part of the Atlas Copco German holding company, Atlas Copco Holding GmbH.

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