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 techniques. The company employs round 1200 people and had 2021 revenues of €233 million.
“Lewa has an extended custom of supporting clients and creating main industrial move technology for efficient, precise and secure dealing with of fluids,” stated Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through this acquisition we’re building our presence and technology offering within optimistic displacement pumps.”
Geveke, which was based in 1874, distributes compressors and engineers advanced and complicated process pump installations. Nothing to it is headquartered in Amsterdam, the Netherlands, has 173 employees and had revenues of approximately €61 million in 2021.
“Geveke has robust engineering functionality, providing full industrial pump options from concept to commissioning,” said Atlas Copco’s Walker.
The acquisition is anticipated to be accomplished in the course of the second quarter 2022.
The primary part of the acquired businesses will 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 inside Atlas Copco’s Compressor Technique Business Area.
The Lewa and Geveke acquisition comes simply weeks after Atlas Copco unveiled
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