Atlas Copco has today (14th March) announced plans to acquire Lewa and Geveke, along with their related subsidiaries.
Purchased for approximately €67m ($73m), the acquired companies will strengthen Atlas Copo’s offering and presence in the European market.
Based in Germany, Lewa has around 1200 employees and offers industry-specific high-quality pump solutions for a wide range of industries.
Geveke was founded in 1874 and is headquartered in Amsterdam, the Netherlands and has approximately 173 employees.
Andrew Walker, Business Area President Power Technique, said, “LEWA has a long tradition of supporting customers and developing leading industrial flow technology for efficient, precise and safe handling of fluids.”
“Geveke has strong engineering capability, providing complete industrial pump solutions from concept to commissioning.”
The acquisition is expected to be completed during the second quarter 2022.