Atlas Copco to acquire Italian pump manufacturer
Stockholm, Sweden, December 9, 2015: Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to acquire Varisco, an Italian pump manufacturer with a global sales network.Varisco is based in Padua near Venice, Italy, and had revenues in 2014 of MEUR 30 (MSEK 270). It employs about 135 people. Founded in 1932, Varisco is known around the world for the design and manufacture of high-quality pumps used by a wide range of customers. The pumps are typically used to remove unwanted water or other liquids in the construction, mining, and oil and gas industries; they are