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 methods. The firm employs around 1200 people and had 2021 revenues of €233 million.
“Lewa has an extended custom of supporting prospects and developing main industrial flow technology for environment friendly, exact and secure handling of fluids,” mentioned Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through diaphragm seal constructing our presence and technology offering inside constructive displacement pumps.”
Geveke, which was founded in 1874, distributes compressors and engineers superior and sophisticated 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 robust engineering capability, offering full industrial pump options from idea to commissioning,” mentioned Atlas Copco’s Walker.
The acquisition is predicted to be accomplished during the second quarter 2022.
The main part of the acquired companies will have its base in the Power and Flow division within Atlas Copco’s Power Technique Business Area and a smaller half 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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