Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
    • Transcripts
    • AGM Invitations
    • IPOs
  • inderesTV
  • Portfolio
  • Forum
  • Discovery
  • Premium
  • Femme
  • Nora AI
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Nikkiso Cryogenic Services, LEWA and Geveke Establish New Service Agreement

IRVINE, Calif., Dec. 10, 2019 (GLOBE NEWSWIRE) -- Cryogenic Industries Service Companies (NCS), a functional unit of Nikkiso Cryogenic Industries’ Clean Energy and Industrial Gases Group (“Group”), has entered into a Collaboration Agreement with Nikkiso group members LEWA and Geveke (subsidiaries of Nikkiso Co., Ltd (Japan)) to become ACD Authorized Sales and Service facilities. The new collaboration will improve ACD’s presence in Europe and strengthen the Nikkiso Service Brand globally to 18 worldwide service locations. The Geveke and Lewa facilities will be fully operational by January 1, 2020.

The Agreement provides stronger regional coverage by offering more certified locations and certified field service technicians closer to ACD’s customers. The additional coverage also reduces customer downtime by providing quick service tech dispatch and a dedicated inventory guaranteeing parts availability.

Peter Wagner, CEO of Cryogenic Industries said “The formation of this alliance will enable us to better support the aftermarket service network for our customers, and continue to deliver high quality service that allows our customers to maintain reliable operations and deliver sustainable productivity.”

The new centers are: LEWA - Milan, Italy and Vienna, Austria; Geveke - Amsterdam, Netherlands.

Services offered will include pump repair, oxygen cleaning, a pump exchange program, dedicated inventory, product training, and 24/7 customer support from certified technicians.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (a member of Nikkiso Co., Ltd.) member companies manufacture engineered cryogenic gas processing equipment and small-scale process plants for the liquefied natural gas (LNG), well services and industrial gas industries. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Cosmodyne and Cryoquip and a commonly-controlled group of approximately 20 operating entities.

For more information please visit www.cryoind.com, www.nikkisoCIservice.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.