# Krones acquires 90% of US sanitary pump maker Ampco Pumps

Krones signed an agreement on 20 April 2023 to acquire 90% of Ampco Pumps Company LLC, a Wisconsin supplier of sanitary pumps and mixing equipment to food, beverage, dairy and pharma markets. Ampco generated about US$50 million revenue in fiscal 2022, and closing is expected in the first half of 2023.

- Type: Acquisition
- Announced: 2023-04-01
- Where: Wisconsin, United States
- Status: announced
- Products: sanitary pumps, mixing and blending equipment
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Krones](https://endata.com/companies/1481.md) (acquirer)
- [Ampco Pumps](https://endata.com/companies/9345.md) (target)

## Sources

- [bourse.lavenir.net](https://bourse.lavenir.net/communiques/KRN-DE/krones-ag-krones-expands-its-capabilities-in-process-technology-with-the-acquisition-of-us-company-ampco-pumps-gSaoLt1Myqp), 2023-04-21: "On 20 th of April 2023, Krones has signed an agreement to acquire 90% of Ampco Pumps Company LLC (Ampco Pumps)."
- [krones.com](https://www.krones.com/en/company/investor-relations/releases/corporate-news-release-krones-expands-its-capabilities-in-process-technology-with-the-acquisition-of-us-company-ampco-pumps/), 2023-04-21: "On 20th of April 2023, Krones has signed an agreement to acquire 90% of Ampco Pumps Company LLC."
- [ampcopumps.com](https://ampcopumps.com/ampco-joins-krones/), 2023-04-24: "Krones has an option to buy the remaining shares in Ampco, which currently remain with company management."
- [biztimes.com](https://biztimes.com/krones-inc-planning-to-acquire-majority-stake-of-ampco-pumps-company/), 2023-04-24: "Krones will acquire a 90% share of Ampco and has an option to buy the remaining 10% of the shares in Ampco at some point in the future."
- [worldpumps.com](https://www.worldpumps.com/content/blogs/pumps-mergers-acquisitions-review-q2-2023), 2023-07-08: "Krones Group signed an agreement to acquire 90% of Ampco Pumps Company LLC."
- [cpecn.com](https://www.cpecn.com/tag/acquisition/), 2024-02-15: "Krones expands process technology capabilities with Ampco Pumps acquisition"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.