Atlas Copco to acquire LEWA and Geveke
Atlas Copco has agreed to acquire LEWA and Geveke alongside its subsidiaries.
LEWA is a leading manufacturer of diaphragm metering pumps, process pumps, and complete metering systems.
Geveke distributes compressors and engineers advanced and complex process pump installations.
LEWA was founded in 1952 and is based in Germany. The company has around 1,200 employees. LEWA offers industry-specific high-quality pump solutions for a wide range of industries.
“LEWA has a long tradition of supporting customers and developing leading industrial flow technology for efficient, precise, and safe handling of fluids,” said Andrew Walker, Business Area President, Power Technique. “Through this acquisition, we are building our presence and technology offering within positive displacement pumps.”
Geveke was founded in 1874 and is headquartered in Amsterdam in the Netherlands. The company has 173 employees.
“Geveke has strong engineering capability, providing complete industrial pump solutions from concept to commissioning,” said Andrew Walker, business area president power technique.
Mikael Andersson, president, Atlas Copco power and flow division explained: “We are happy to welcome our new colleagues from LEWA and Geveke to the Power and Flow family. With the acquisition, we are strengthening our foundation for Atlas Copco´s expansion within the industrial pumps business.”
The acquisition is an all-cash transaction utilizing Atlas Copco’s funds and is subject to regulatory approvals. The acquisition is expected to be completed during the second quarter of 2022.
LEWA is a leading manufacturer of diaphragm metering pumps, process pumps, and complete metering systems.
Geveke distributes compressors and engineers advanced and complex process pump installations.
LEWA was founded in 1952 and is based in Germany. The company has around 1,200 employees. LEWA offers industry-specific high-quality pump solutions for a wide range of industries.
“LEWA has a long tradition of supporting customers and developing leading industrial flow technology for efficient, precise, and safe handling of fluids,” said Andrew Walker, Business Area President, Power Technique. “Through this acquisition, we are building our presence and technology offering within positive displacement pumps.”
Geveke was founded in 1874 and is headquartered in Amsterdam in the Netherlands. The company has 173 employees.
“Geveke has strong engineering capability, providing complete industrial pump solutions from concept to commissioning,” said Andrew Walker, business area president power technique.
Mikael Andersson, president, Atlas Copco power and flow division explained: “We are happy to welcome our new colleagues from LEWA and Geveke to the Power and Flow family. With the acquisition, we are strengthening our foundation for Atlas Copco´s expansion within the industrial pumps business.”
The acquisition is an all-cash transaction utilizing Atlas Copco’s funds and is subject to regulatory approvals. The acquisition is expected to be completed during the second quarter of 2022.
