Baker McKenzie advises Nikkiso on sale of LEWA GmbH and Geveke B.V. to Atlas Copco
Baker McKenzie advised Nikkiso on the sale of LEWA GmbH and Geveke B.V. and their respective subsidiaries to Atlas Copco. 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.
The companies will be acquired for a price of approximately MEUR 696. The acquisition is subject to regulatory approvals and expected to be completed during the second quarter 2022.
An international team of Baker McKenzie lawyers advised Nikkiso on all legal aspects of the transaction.
“Thanks to our extensive experience in cross-border transactions, together with a well-coordinated international team, we were able to contribute to the success of this complex transaction on the legal side,” comments Dr. Jon Marcus Meese, M&A partner at Baker McKenzie.
Nikkiso Co. Ltd. is a listed Japan-based company providing specialized pumps and systems in the Industrial Business, carbon fiber reinforced plastic aircraft parts in the Aerospace Business and hemodialysis related products in the Medical Business.
Atlas Copco is a leading international provider of sustainable industrial productivity solutions. The group is headquartered in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2021, Atlas Copco generated sales of about 11 billion euros with approximately 43,000 employees.
LEWA was founded in 1952 and is based in Germany. The company has around 1200 employees and in 2021 they had revenues of EUR 233 million. 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 EUR 61 million.
Please click here for the original release.