LEONBERG, Germany (Dec. 6, 2016)—Lewa GmbH, a manufacturer of metering and process diaphragm pumps based in Leonberg, Germany, has signed a purchase contract with Seko Middle East FZE, a wholly-owned subsidiary of Seko S.p.A., to take effect on Dec. 1, 2016, according to a statement from Lewa. The object of the agreement was the takeover of the entire plant in the United Arab Emirates, including all assets and the chemical injection package (CIP) business for the oil and gas sector, the (petro-) chemical industry and the power plant sector, according to the statement. The acquisition is part of the Lewa Group’s strategy of specializing in pumps and integrated systems solutions. “By connecting in-house engineering and production, we control the entire value chain and can ensure high quality. At the same time, we expect an improvement in our competitiveness in this sector,” said Peter Wagner, CEO of Lewa GmbH. Since the national oil companies in the region frequently demand a certain level of integration, this offers Lewa an opportunity to be listed not only for pumps as before, but also for entire chemical injection packages, according to the company. Managing Director of the new Lewa Nikkiso Middle East FZE is Sylvain Latuilerie, who previously managed the local Lewa company in Dubai.
Tue, 12/06/2016 - 08:23