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Alfa Laval — M&A Activity 2009
Aug 14, 2009
2876_rns_2009-08-14_856856a7-3f0a-45a2-9f92-5a6336baa68e.pdf
M&A Activity
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NEWS RELEASE
Lund, Sweden - August 14, 2009
Alfa Laval Group Box 73 SE-221 00 Lund Sweden Visit: Rudeboksvägen 1
Tel: +46 46 36 65 00 Fax: +46 46 32 35 79 www.alfalaval.com
Alfa Laval Group acquires heat exchanger service company in Brazil
Alfa Laval Group – a world leader in heat transfer, centrifugal separation and fluid handling – has acquired PHE Indústria e Comércio de Equipamentos Ltda. in Brazil, a company that services plate heat exchangers in a variety of industries. The company, which had sales of about SEK 45 million in 2008 and some 35 employees, will be integrated into Tranter.
"With this acquisition we strengthen Tranter's presence in Brazil, especially in the heat exchanger service area which supports new sales," says Lars Renström, President and CEO of the Alfa Laval Group. "Our multibrand strategy has been successful and Tranter continues to offer its own product range under the Tranter brand through its own distribution network."
PHE Indústria e Comércio de Equipamentos Ltda. will be consolidated in the Alfa Laval Group from August 1, 2009.
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 Group acquires heat exchanger service company in Brazil
Alfa Laval's products are also used in power plants, aboard ships, 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 the Nordic Exchange, Nordic Large Cap, and, in 2008, posted annual sales of about SEK 28 billion (approx. 2.9 billion Euros). The company has some 12,000 employees.
www.alfalaval.com
For more information please contact:
Peter Torstensson Senior Vice President, Communications Alfa Laval Tel: + 46 46 36 72 31 Mobile: +46 709 33 72 31
Gabriella Grotte Investor Relations Manager Alfa Laval Tel: +46 46 36 74 82 Mobile: +46 709 78 74 82