Alfa Laval Expands Aftermarket Business, Acquires Niche Company with Sales of SEK 50 Million
July 03 2015 - 2:40AM
Business Wire
Regulatory News:
Alfa Laval (STO:ALFA)
Alfa Laval Group – a world leader in heat transfer, centrifugal
separation and fluid handling – has acquired an aftermarket
company, specialized in separation technology. The company will
remain a separate organization and offer its own parts and services
under its own brand name. Revenues are estimated to reach about SEK
50 million this year and the company is consolidated as from July
3, 2015.
The acquisition is in line with the strategy of the Alfa Laval
Group of acquiring companies that complement the existing business
in terms of products, geography or in the form of new sales
channels. In this case the Alfa Laval Group adds a complementary
aftermarket channel.
“With the acquisitions we are adding presence in an important
niche of the aftermarket,” says Lars Renstr�m, President and CEO of
the Alfa Laval Group. “
Did you know that… the value of the aftermarket for separation
is estimated to be four times the value of new sales?
About Alfa Laval
Alfa Laval is a leading global provider of specialized products
and engineering solutions based on its key technologies of heat
transfer, separation and fluid handling.
The company’s equipment, systems and services are dedicated to
assisting customers in optimizing the performance of their
processes. The solutions help them to heat, cool, separate and
transport products in industries that produce food and beverages,
chemicals and petrochemicals, pharmaceuticals, starch, sugar and
ethanol.
Alfa Laval’s products are also used in power plants, aboard
ships, oil and gas exploration, in the mechanical engineering
industry, in the mining industry and for wastewater treatment, as
well as for comfort climate and refrigeration applications.
Alfa Laval’s worldwide organization works closely with customers
in nearly 100 countries to help them stay ahead in the global
arena.
Alfa Laval is listed on Nasdaq OMX, and, in 2014, posted annual
sales of about SEK 35.1 billion (approx. 3.85 billion Euros). The
company has about 18 000 employees.
www.alfalaval.com
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Alfa LavalPeter TorstenssonSenior Vice President,
CommunicationsTel: + 46 46 36 72 31Mobile: +46 709 33 72
31orGabriella GrotteInvestor Relations ManagerTel: +46 46 36 74
82Mobile: +46 709 78 74 82
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