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Alfa Laval Acquires Gamajet Cleaning Systems, Inc.

Source: www.gulfoilandgas.com 8/27/2012, Location: North America

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has acquired Gamajet Cleaning Systems, Inc., a leading provider of tank cleaning machines as well as self-contained and portable cleaning systems for the industrial and sanitary markets in North America. Gamajet, which had sales of approximately SEK 75 million in 2011 and some 30 employees is headquartered in Exton, Pennsylvania.

Lars Renstrom, President and CEO of the Alfa Laval Group, comments on the acquisition: “We have built the leading position within tank cleaning equipment over the past 10 years. Gamajet fits very well with our ambitions and it expands our product portfolio. It will especially extend our offer to the industrial market and also strengthen our position in North America.”

Gamajet Cleaning Systems will be integrated into Alfa Laval. The company will be consolidated from August 23, 2012. … Alfa Laval took the first step to build its tank cleaning business in 2003 by acquiring the Danish company Toftejorg? the tank cleaning business represents about SEK 300 million, including Gamajet Cleaning Systems.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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