Atlas Copco to accumulate 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 1952, Germany’s Lewa manufactures diaphragm metering pumps, course of pumps and complete metering methods. Straightforward employs around 1200 people and had 2021 revenues of €233 million.
“Lewa has a protracted custom of supporting customers and creating main industrial move know-how for environment friendly, precise and protected handling of fluids,” said Andrew Walker, president of Atlas Copco’s Power Technique Business Area. “Through this acquisition we are building our presence and expertise providing 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 staff and had revenues of roughly €61 million in 2021.
“Geveke has strong engineering functionality, providing full industrial pump options from idea to commissioning,” said Atlas Copco’s Walker.
The acquisition is anticipated to be accomplished during the second quarter 2022.
The major a half 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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