Atlas Copco Group acquires external gear pumps manufacturer

By OEM Update Editorial December 5, 2023 2:24 pm IST

Atlas Copco Group has agreed to acquire KRACHT GmbH (Kracht), a manufacturer of high-quality technologies including external gear pumps, fluid measurement, valves, hydraulic drives, and dosing systems.

Kracht was founded in 1911 and has its headquarters in Werdhol, Germany. The company has
subsidiaries in US, China and Hungary, and approximately 440 employees. In 2022, Kracht had
revenues of approximately 72 MEUR (766 MSEK*).

“Last year, we acquired LEWA and Wangen, and we are now further expanding our portfolio within
positive displacement pumps with additional technologies,” said Andrew Walker, Business Area
President Power Technique. “The industrial pump segment has been identified as a strategic fit for the
Group. This acquisition will be a further step for us within this segment, which plays a crucial role within
many industries.”

The purchase price is not disclosed. The acquisition is subject to regulatory approval and is expected
to close in the first quarter of 2024. The business will become part of the Power and Flow Division
within the Power Technique business area.

*Based on the average exchange rate in 2022.