Atlas Copco Acquires Specialized Centrifugal Pump Company

The latest addition to Atlas Copco’s portfolio, CPC Pumps International Inc., serves customers in North America and had 2020 revenue of US$44.8 million.
Atlas Copco Acquires HHV Pumps from India

Swedish industrial manufacturer Atlas Copco on Thursday announced it has acquired CPC Pumps International Inc., Burlington, Ontario. The company specializes in the design, manufacturing and servicing of custom-engineered, mission critical centrifugal pumps. Financial terms of the deal weren’t disclosed.

CPC Pumps has 110 employees and serves customers in North America. In the fiscal year 2020 the company had revenues of approximately C$56 million (US$44.8 million).

“CPC Pumps is a very good fit because both its technology and market presence correspond well with our existing Gas & Process business,” said Vagner Rego, business area president for the Compressor Technique Business Area. “The acquisition adds complementary assets to our portfolio and strengthens our market position. The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed.

CPC Pumps will become part of the Gas and Process division within the Compressor Technique business area.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events