Atlas Copco has agreed to buy Lewa GmbH and Geveke BV and their subsidiaries from Japan’s Nikkiso Co Ltd in a €670 million deal.
Founded in 1952, Germany’s Lewa manufactures diaphragm metering pumps, course of pumps and complete metering systems. The firm employs round 1200 individuals and had 2021 revenues of €233 million.
“Lewa has a long tradition of supporting customers and developing leading industrial flow expertise for environment friendly, exact and protected handling of fluids,” said Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through เพรสเชอร์เกจน้ำ constructing our presence and technology offering inside constructive displacement pumps.”
Geveke, which was founded in 1874, distributes compressors and engineers advanced and complex process pump installations. The company is headquartered in Amsterdam, the Netherlands, has 173 employees and had revenues of approximately €61 million in 2021.
“Geveke has sturdy engineering functionality, providing full industrial pump options from concept to commissioning,” mentioned Atlas Copco’s Walker.
The acquisition is predicted to be completed in the course of the second quarter 2022.
The major part of the acquired companies will have its base in the Power and Flow division within Atlas Copco’s Power Technique Business Area and a smaller part will join the Service division inside Atlas Copco’s Compressor Technique Business Area.
The Lewa and Geveke acquisition comes simply weeks after Atlas Copco unveiled
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