# Atlas Copco agrees to acquire Dutch pump and compressor firm Geveke

Atlas Copco agreed to acquire Geveke B.V., an Amsterdam-based distributor and engineer of process pump and compressor systems, for an enterprise value of EUR 80 million in cash. Geveke had about 173 employees and EUR 61 million revenue in 2021. Closing was expected in Q2 2022.

- Type: Acquisition
- Announced: 2022-03-14
- Where: Amsterdam, Netherlands
- Value: $87.2M (80.0M EUR)
- Status: announced
- Products: process pumps, compressor systems, industrial pump and compressed air solutions
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Atlas Copco](https://endata.com/companies/505.md) (acquirer)
- [Geveke](https://endata.com/companies/5012.md) (target)

## Sources

- [atlascopco.com](https://www.atlascopco.com/de-de/news/presse/atlas-copco-uebernimmt-niederlaendischen-anbieter-von-industriepumpen-und-kompressoren), 2023-05-09: "Atlas Copco hat die Übernahme von Geveke B.V. vereinbart, einem Vertriebspartner, der hochentwickelte und komplexe Prozesspumpen- und Kompressoranlagen entwickelt."

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