Atlas Copco has acquired Varisco, a renowned Italian pump manufacturer, to enhance its Portable Energy division and expand its product offerings in the construction and industrial sectors.
Information on the target
Varisco, established in 1932 and headquartered in Padua, Italy, is a prominent manufacturer of high-quality pumps. With a workforce of approximately 135 employees, the company reported revenues of MEUR 30 (MSEK 270) in 2014. Varisco has built a strong reputation globally for its innovative designs and reliable products, which cater to a diverse clientele across various industries.
The company specializes in the production of pumps that are essential for removing unwanted water and other liquids. These pumps find applications in critical sectors such as construction, mining, oil and gas, as well as in industrial process plants and emergency flood response services. Varisco's commitment to quality and performance has positioned it as a trusted partner for its customers worldwide.
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Industry overview in the target’s specific country
Italy's pump manufacturing industry is characterized by a rich heritage of engineering excellence and innovation. The sector has seen steady growth, driven by increasing demand from construction and industrial sectors, particularly in
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Atlas Copco
invested in
Varisco
in 2015
in a Other deal
Disclosed details
Revenue: $32M