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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, course of pumps and full metering techniques. เกจวัดแรงดันลม10bar employs around 1200 people and had 2021 revenues of €233 million.
“Lewa has a long tradition of supporting prospects and developing main industrial circulate expertise for environment friendly, precise and secure handling of fluids,” mentioned Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through this acquisition we are constructing our presence and technology providing within optimistic displacement pumps.”
Geveke, which was based in 1874, distributes compressors and engineers advanced and complicated process pump installations. The firm is headquartered in Amsterdam, the Netherlands, has 173 workers and had revenues of approximately €61 million in 2021.
“Geveke has strong engineering capability, offering complete industrial pump solutions from idea to commissioning,” mentioned Atlas Copco’s Walker.
The acquisition is anticipated to be completed in the course of the second quarter 2022.
The primary part of the acquired businesses will have its base within the Power and Flow division within Atlas Copco’s Power Technique Business Area and a smaller part will be part of the Service division inside Atlas Copco’s Compressor Technique Business Area.
The Lewa and Geveke acquisition comes just weeks after Atlas Copco unveiled
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