Atlas Copco AB (OM:ATCO A) completed the acquisition of Lewa GmbH/Geveke BV from Nikkiso Co., Ltd..
August 31, 2022
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Atlas Copco AB (OM:ATCO A) agreed to acquire Lewa GmbH/Geveke BV from Nikkiso Co., Ltd. (TSE:6376) for €696 million on March 14, 2022. For the year ended 2021, Geveke reported a revenue of approximately €61 million. For the year ended Lewa reported a revenue of 2021 €233 million. The acquisition is expected to be completed during the second quarter 2022. As of June 30, 2022, The stock transfer scheduled for April 2022 is expected to be after July 2022. The date of execution of the share transfer will be announced as soon as it is confirmed. Jon Marcus Meese, Nikolaus Reinhuber, Jiro Toyokawa, Mohammed Almarini, Piotr Korzynski, Tino Marz, Joost Polman, Christian Burholt, Kathrin Marchant, Matthias Köhler, Thomas Gierath of Baker & McKenzie LLP acted as a legal advisor to Nikkiso Co, Ltd. Martin Brock, Felix Ebbinghaus, Maike Friedrich, Janos Mahlo, Cedric Meyer, Kristina Schreiber and Sebastian Kalb of LOSCHELDER RECHTSANWÄLTE acted as legal advisor to Atlas Copco AB.
Atlas Copco AB (OM:ATCO A) completed the acquisition of Lewa GmbH/Geveke BV from Nikkiso Co., Ltd. (TSE:6376) on August 1, 2022.
Atlas Copco AB is one of the world's leading industrial groups. Net sales break down by family of products as follows:
- air and gas compressors and electrical generators (68.1%). The group also sells compressed air treatment equipment (filters, dryers, coolers, air tanks);
- industrial machine tools (16.4%): grinders, punches, impact tools, drills, threaders, pneumatic assembly tools, power drivers, etc.;
- construction, drilling, and demolition equipment (15.5%): pneumatic and hydraulic rock breakers, drill hammers, drilling motors, mine carts, upward boring machines, etc.
Net sales are distributed geographically as follows: Sweden (1.3%), Europe (26.8%), Asia and Oceania (36.5%), North America (26.7%), Africa and Middle East (4.7%) and South America (4%).
ATLAS COPCO AB 
