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Atlas Copco Declares Acquisition of Lewa and Geveke

Geveke distributes compressors and engineers advanced and complex process pump installations.

Atlas Copco has decided to acquire LEWA GmbH and subsidiaries, and Geveke and subsidiaries for a combined enterprise value of MEUR 670 (BSEK 7.15).

Atlas Copco Lewa GevekeLEWA is a leading manufacturer of diaphragm metering pumps, process pumps and complete metering systems.

“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 has strong engineering capability, providing complete industrial pump solutions from concept to commissioning”, said Andrew Walker, Business Area President Power Technique.

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 1200 employees and in 2021 they had revenues of MEUR 233 (BSEK 2.4).

LEWA offers industry-specific high-quality pump solutions for a wide range of industries.

Geveke was founded in 1874 and is headquartered in Amsterdam in the Netherlands.

The company has 173 employees and in 2021 they had revenues of approximately MEUR 61 (MSEK 648).

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.

The main 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 have its base in the Service division within the Compressor Technique Business Area.

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Aishwarya Saxena

A book geek, with creative mind, an electronics degree, and zealous for writing.Creativity is the one thing in her opinion which drove her to enter into editing field. Allured towards south Indian cuisine and culture, love to discover new cultures and their customs. Relishes in discovering new music genres.

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