Atlas Copco to acquire Lewa and Geveke

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 systems. The firm employs around 1200 folks and had 2021 revenues of €233 million.
“Lewa has a long custom of supporting customers and developing leading industrial move expertise for environment friendly, exact and secure handling of fluids,” mentioned Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through this acquisition we’re building our presence and technology offering within constructive displacement pumps.”
Geveke, which was founded 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 robust engineering capability, providing full industrial pump options from idea to commissioning,” said Atlas Copco’s Walker.
Don’t miss out is predicted to be completed during the second quarter 2022.
The main a half of the acquired companies may have its base within the Power and Flow division inside 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 simply weeks after Atlas Copco unveiled
Share

Leave a Comment