Atlas Copco to acquire Lewa and Geveke

Eye-opening 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 complete metering techniques. The company employs round 1200 folks and had 2021 revenues of €233 million.
“Lewa has a long tradition of supporting customers and developing main industrial circulate technology for efficient, exact and protected handling of fluids,” mentioned Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through this acquisition we’re constructing our presence and know-how providing within constructive displacement pumps.”
Geveke, which was based in 1874, distributes compressors and engineers advanced and sophisticated course of pump installations. The firm is headquartered in Amsterdam, the Netherlands, has 173 employees and had revenues of approximately €61 million in 2021.
“Geveke has sturdy engineering capability, providing full industrial pump options from concept to commissioning,” stated Atlas Copco’s Walker.
The acquisition is predicted to be accomplished through the second quarter 2022.
The major a half of the acquired companies will have its base within the Power and Flow division within Atlas Copco’s Power Technique Business Area and a smaller half will be 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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