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. The firm employs around 1200 folks and had 2021 revenues of €233 million.
“ เกจวัดแรงดัน10bar has a protracted custom of supporting prospects and developing leading industrial move expertise for environment friendly, exact and secure dealing with of fluids,” said Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through this acquisition we’re constructing our presence and expertise providing within constructive displacement pumps.”
Geveke, which was founded in 1874, distributes compressors and engineers superior and complex process pump installations. The company is headquartered in Amsterdam, the Netherlands, has 173 staff and had revenues of approximately €61 million in 2021.
“Geveke has robust engineering functionality, offering full industrial pump solutions from concept to commissioning,” mentioned Atlas Copco’s Walker.
The acquisition is anticipated to be accomplished during the second quarter 2022.
The major a half of the acquired businesses could have its base in the Power and Flow division inside 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 just weeks after Atlas Copco unveiled
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