ITALY – Swedish multinational industrial company has bolstered its industrial offerings with the acquisition of condensate management solutions provider SCB S.r.l.
The deal follows Atlas Copco’s acquisition of Pumpenfabrik Wangen GmbH, a German manufacturer of progressive cavity pumps used for transferring fluids in the biogas and wastewater sectors
Based in Piedmont Italy, SCB develops, produces and distributes electronic condensate drains for the industrial market.
The privately held company has 16 employees and reported annual revenues of EUR 5 million (US$5.48 million) in 2021.
The company manufactures condensate drains for the industrial market, such as energy saving electronal drains, mechanical drains, timer drains and level-controlled drains.
The products serve the compressed air and vacuum market by removing water from the air stream.
“SCB is a well-established company with many years of experience and a high level of expertise in condensate management,” said Vagner Rego, business area president compressor technique.
“We have a long history of working with SCB and see many possibilities for accelerated growth in this area going forward.”
Following the acquisition SCB will become part of Walker Filtration which is part of the Medical Gas Solutions Division within the Compressor Technique business area.
Earlier, Global Product Manager for High Pressure Gases & Services at Atlas Copco, Alfonso Peschiera explained Atlas Copco’s commercial approach to CO2 recovery.
The majority of the company’s involvement in carbon capture focuses on the medium-scale level in areas such as power generation, which captures CO2 from flue gas.
“We also work with many companies in the fertiliser world,” added Peschiera. “These plants produce a lot of CO2 and a lot of this CO2 is not always used.”
The Atlas Copco executive believes that the right technology and solutions can bring value to the carbon recovery installer and operator by adapting to the project specific needs, be it pure CO2, flue gas, compression pressures, or CO2 purification
It is for this reason that the Swedish company has been working to develop a more fine-tuned portfolio for CO2 recovery.
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