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 เกจวัดแรงดัน , Germany’s Lewa manufactures diaphragm metering pumps, process pumps and full metering techniques. The company employs around 1200 individuals and had 2021 revenues of €233 million.
“Lewa has an extended custom of supporting clients and developing leading industrial circulate expertise for environment friendly, precise and secure handling of fluids,” mentioned Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through this acquisition we are constructing our presence and know-how providing within positive displacement pumps.”
Geveke, which was founded in 1874, distributes compressors and engineers superior and sophisticated course of pump installations. The firm is headquartered in Amsterdam, the Netherlands, has 173 staff and had revenues of roughly €61 million in 2021.
“Geveke has strong engineering capability, offering full industrial pump solutions from idea to commissioning,” said Atlas Copco’s Walker.
The acquisition is anticipated to be accomplished during the second quarter 2022.
The primary a part of the acquired companies may have its base within the Power and Flow division within Atlas Copco’s Power Technique Business Area and a smaller half will be a part of 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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