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, process pumps and complete metering systems. เกจ์อาร์กอนsumo employs round 1200 individuals and had 2021 revenues of €233 million.
“Lewa has a protracted tradition of supporting clients and growing main industrial flow know-how for environment friendly, precise and protected handling of fluids,” mentioned Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through this acquisition we’re constructing our presence and know-how providing inside positive displacement pumps.”
Geveke, which was based in 1874, distributes compressors and engineers advanced and complex process pump installations. The firm is headquartered in Amsterdam, the Netherlands, has 173 staff and had revenues of roughly €61 million in 2021.
“Geveke has strong engineering capability, offering full industrial pump solutions from concept to commissioning,” mentioned Atlas Copco’s Walker.
The acquisition is expected to be accomplished during the second quarter 2022.
The major a half of the acquired companies may have its base in the Power and Flow division within Atlas Copco’s Power Technique Business Area and a smaller part will be a part of 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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