# Atlas Copco to acquire Chinese vacuum pump maker Shandong Jinggong Pump

Atlas Copco has agreed to acquire the assets of Shandong Jinggong Pump (Chinco), a Zibo-based maker of liquid ring vacuum pumps and systems, with closing expected in Q4 2022. The purchase price was not disclosed.

- Type: Acquisition
- Announced: 2022-06-27
- Where: Zibo, Shandong, China
- Value: $730.0M (670.0M EUR)
- Status: announced
- Products: liquid ring vacuum pumps, vacuum systems
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Atlas Copco](https://endata.com/companies/505.md) (acquirer)
- [LEWA](https://endata.com/companies/721.md) (target)
- [Nikkiso](https://endata.com/companies/1331.md) (partner)
- [Geveke](https://endata.com/companies/5012.md) (target)
- [Shandong Jinggong Pump](https://endata.com/companies/9400.md) (target)
- [Suzhou Since Gas System](https://endata.com/companies/9556.md) (target)
- [Shandong Bozhong Vacuum Technology](https://endata.com/companies/9560.md) (target)

## Sources

- [atlascopcogroup.com](https://www.atlascopcogroup.com/en/media/press-releases/2022/20220627-acquisition-Shandong-Jinggong-Pump), 2022-06-27: "Atlas Copco has agreed to acquire the assets of Shandong Jinggong Pump Co., Ltd."
- [atlascopcogroup.com](https://www.atlascopcogroup.com/en/media/press-releases/2022/20220801-lewa-geveke-closing), 2022-08-01: "Atlas Copco has completed the acquisition of LEWA GmbH and subsidiaries, and Geveke B.V. and subsidiaries for a combined enterprise value of MEUR 670."
- [worldpumps.com](https://www.worldpumps.com/content/news/atlas-copco-completes-acquisition-of-lewa-and-geveke), 2022-08-01: "Atlas Copco has acquired Lewa GmbH and Geveke BV and their subsidiaries from Japan's Nikkiso Co Ltd for a combined enterprise value of €670 million."
- [atlascopcogroup.com](https://www.atlascopcogroup.com/en/media/press-releases/2022/20220804-Acquisition-Since-Gas), 2022-08-04: "Atlas Copco has agreed to acquire the assets of Suzhou Since Gas System Co., Ltd. (Since Gas), a China-based manufacturer of on-site gas generation equipment."
- [atlascopcogroup.com](https://www.atlascopcogroup.com/en/media/press-releases/2022/20220805-Acquisition-Bozhong), 2022-08-05: "Atlas Copco has agreed to acquire the assets of Shandong Bozhong Vacuum Technology Co., Ltd, a company that develops and manufactures liquid ring vacuum pumps and systems."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.