Atlas Copco to amass Lewa and Geveke

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 Fill in the blanks , Germany’s Lewa manufactures diaphragm metering pumps, process pumps and complete metering methods. The company employs around 1200 people and had 2021 revenues of €233 million.
“Lewa has a long custom of supporting clients and creating leading industrial move expertise for efficient, precise and secure handling of fluids,” mentioned Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through this acquisition we are building our presence and technology offering inside positive displacement pumps.”
Geveke, which was founded in 1874, distributes compressors and engineers advanced and complex 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 sturdy engineering functionality, offering full industrial pump options from concept to commissioning,” mentioned Atlas Copco’s Walker.
The acquisition is predicted to be completed during the second quarter 2022.
The main a part of the acquired businesses will have its base in the Power and Flow division within Atlas Copco’s Power Technique Business Area and a smaller part will be 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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