Alfa Laval Expands Aftermarket Business, Acquires Niche Company with Sales of SEK 50 Million
July 3, 2015 | By Business Wire News
LUND, Sweden
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 Renström, 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.
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Alfa Laval
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Mobile: +46 709 33 72 31
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Gabriella Grotte
Investor Relations Manager
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