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 around 1200 individuals and had 2021 revenues of €233 million.
“Lewa has a protracted tradition of supporting clients and creating main industrial circulate technology for efficient, precise and safe dealing with of fluids,” stated Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through this acquisition we are building our presence and expertise providing inside optimistic displacement pumps.”
Geveke, which was based in 1874, distributes compressors and engineers superior and sophisticated process pump installations. The firm is headquartered in Amsterdam, the Netherlands, has 173 staff and had revenues of roughly €61 million in 2021.
“Geveke has sturdy engineering capability, offering full industrial pump solutions from concept to commissioning,” stated Atlas Copco’s Walker.
pressure gauge 10 bar is expected to be accomplished in the course of the second quarter 2022.
The main part of the acquired companies could have its base in the Power and Flow division inside Atlas Copco’s Power Technique Business Area and a smaller half 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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