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 methods. The company employs around 1200 folks and had 2021 revenues of €233 million.
“Lewa has a protracted custom of supporting prospects and creating main industrial flow technology for efficient, exact and secure handling of fluids,” stated Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through this acquisition we are constructing our presence and technology offering inside constructive displacement pumps.”
Geveke, which was based in 1874, distributes compressors and engineers advanced and complex course of pump installations. The company is headquartered in Amsterdam, the Netherlands, has 173 employees and had revenues of roughly €61 million in 2021.
“Geveke has sturdy engineering functionality, providing full industrial pump solutions from concept to commissioning,” stated Atlas Copco’s Walker.
The acquisition is expected to be accomplished during the second quarter 2022.
pressure gauge ดิจิตอล of the acquired businesses may have its base within the Power and Flow division within 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 simply weeks after Atlas Copco unveiled
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