Clearwater International acted as sole financial adviser to NIKKISO CO., LTD on the acquisition of Geveke B.V. (Amsterdam, The Netherlands) from ABN AMRO Participaties and Management.
Geveke B.V. was founded in 1874 by Hendrik Geveke as a trading company for machines and tools. Since 1956 the company has been marketing LEWA GmbH products in Belgium and The Netherlands. Today, Geveke is a designer and supplier of integrated industrial pump solutions and compressors, and offers services related to technical solutions. Geveke’s most important customers are in the oil and gas sector, and include companies such as Royal Dutch Shell, Petrobras and Dow Chemical. In 2012, the company employed 240 staff, generating sales in excess of €60m.
NIKKISO CO., LTD, is a Tokyo-based, publicly listed manufacturer of special pumps, metering systems, water conditioning systems for thermal and nuclear power plants, as well as medical devices and carbon fibre products. In 2006, NIKKISO decided to direct its strategic focus on the strongly growing regions overseas.
With this acquisition NIKKISO is strengthening its presence in the global oil and gas market, together with its German subsidiary LEWA GmbH, the manufacturer of metering and process pumps, metering devices and complete systems for fluid metering. The combination of the leading pump and system technology of NIKKISO and Lewa with Geveke’s competence in customer-specific system design will create additional powerful solutions for their customers.
Clearwater International, led by partner Tobias Schätzmüller, advised NIKKISO.