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Atlas Copco agreed on 2022-03-21 to acquire Lewa GmbH and Geveke B.V. and their subsidiaries for a combined enterprise value of EUR 670 million. The deal is all-cash and subject to regulatory approvals, with completion expected in Q2 2022.
Atlas Copco announced the finalization of its acquisition of Soft2tec, a Rüsselsheim, Germany maker of camera-based tracking systems, which becomes part of its Desoutter business line.
Knoll Maschinenbau is selling its eccentric screw pump (MX) business, which it has run for about 15 years, to Pumpenfabrik Wangen effective 1 April 2019. Knoll will focus on its core metalworking chip and coolant management business.
