Alfa Laval Acquires Niche Company with Sales of SEK 50 million
Source: www.gulfoilandgas.com 7/3/2015, Location: EuropeAlfa 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 Renstrom, President and CEO of the Alfa Laval Group. “
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 Renstrom, President and CEO of the Alfa Laval Group. “
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