Lewa inks purchase contract for Seko’s UAE plant
Germany’s Lewa has signed a purchase contract to take over Seko Middle East’s UAE manufacturing plant
Lewa has signed a purchase contract to take over Seko Middle East’s UAE production plant.
As part of the deal, the Germany-headquartered manufacturer of metering and process diaphragm pumps will acquire all of the facility’s assets, including Lewa Middle East’s chemical-injection package (CIP) business for the oil and gas sector, the petrochemical industry, and the power plant sector.
The acquisition forms part of Lewa Group’s strategy to increase its activities within the fields of pumps and integrated systems.
Peter Wagner, chief executive officer of Lewa, said: “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.”
Lewa said that the deal will offer an opportunity for it to be listed, not only for pumps – as before – but also for entire chemical-injection packages.
“Seko has already served customers with CIPs,” Wagner noted. “We intend to further cultivate and expand these contracts.”
Lewa has announced its intention to ensure a smooth transfer of business activities, during which all Seko staff will be retained.
Sylvain Latuilerie, who previously managed Lewa’s Dubai outfit, has been appointed managing director of the newly formed Lewa Nikkiso Middle East.