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 1952, Germany’s Lewa manufactures diaphragm metering pumps, course of pumps and full metering techniques. pressure gauge หน้าปัด 4 นิ้ว employs round 1200 people and had 2021 revenues of €233 million.
“Lewa has a long tradition of supporting prospects and growing main industrial move know-how for efficient, precise and secure handling of fluids,” stated Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through this acquisition we’re building our presence and know-how offering within constructive displacement pumps.”
Geveke, which was founded in 1874, distributes compressors and engineers superior and sophisticated process pump installations. The firm is headquartered in Amsterdam, the Netherlands, has 173 employees and had revenues of roughly €61 million in 2021.
“Geveke has sturdy engineering capability, offering full industrial pump solutions from idea to commissioning,” stated Atlas Copco’s Walker.
The acquisition is predicted to be accomplished through the second quarter 2022.
The primary a half of the acquired companies could have its base in the Power and Flow division within Atlas Copco’s Power Technique Business Area and a smaller part will be a part of the Service division within Atlas Copco’s Compressor Technique Business Area.
The Lewa and Geveke acquisition comes just weeks after Atlas Copco unveiled
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