Atlas Copco has agreed to purchase 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. The firm employs around 1200 folks and had 2021 revenues of €233 million.
“Lewa has a long custom of supporting customers and growing leading industrial flow technology for efficient, precise and protected handling of fluids,” said Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through pressure gauge ด้าน ดูด constructing our presence and technology offering inside constructive displacement pumps.”
Geveke, which was based in 1874, distributes compressors and engineers advanced and complicated process pump installations. The company is headquartered in Amsterdam, the Netherlands, has 173 workers and had revenues of roughly €61 million in 2021.
“Geveke has strong engineering functionality, providing complete industrial pump solutions from idea to commissioning,” mentioned Atlas Copco’s Walker.
The acquisition is predicted to be accomplished during the second quarter 2022.
The major a part of the acquired businesses will have its base within the Power and Flow division inside Atlas Copco’s Power Technique Business Area and a smaller part will join the Service division within Atlas Copco’s Compressor Technique Business Area.
The Lewa and Geveke acquisition comes just weeks after Atlas Copco unveiled
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