Silverfleet supports bolt-on for Pumpenfabrik Wangen

The GP acquired Pumpenfabrik Wangen in a €105m buyout in September 2017 drawing capital from its flagship buyout fund Silverfleet Capital Partners II.

It said the addition of the new business unit was an important milestone in the growth strategy, and would allow Pumpenfabrik Wangen to further penetrate key markets and expand internationally.

Knoll said it was planning to focus on its core business and was looking for a buyer to further develop the pumps division.

Company
Knoll is a machinery manufacturer based in Baden-Baden. Its Progressing Cavity Pumps unit produces a line of pumps called MX that are suitable for hygienic applications as well as for the chemicals, paints, coatings and paper industries.

People
Pumpenfabrik Wangen – Markus Hofheinx (CEO).

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• Topics
• Expansion
• DACH
• Industrials
• Germany
• Build-up
• Silverfleet Capital