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 methods. The firm employs round 1200 individuals and had 2021 revenues of €233 million.
“ pressure gauge น้ำมัน has a protracted custom of supporting customers and growing main industrial circulate expertise for efficient, exact and protected handling of fluids,” stated Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through this acquisition we are building our presence and technology offering inside constructive displacement pumps.”
Geveke, which was founded in 1874, distributes compressors and engineers superior and sophisticated 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 robust engineering capability, offering full industrial pump solutions from idea to commissioning,” stated Atlas Copco’s Walker.
The acquisition is expected to be accomplished in the course of the second quarter 2022.
The major a part 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 be a part of 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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