Alfa Laval further strengthens its presence in South Korea, acquires local system builder

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has acquired Onnuri Industrial Machinery Co., Ltd., a South Korean system provider to the shipbuilding and diesel power markets. The company had sales of about SEK 150 million in 2008 and some 40 employees.

The acquisition is in line with Alfa Laval Group’s strategy and adds both presence and a complementary channel to the shipbuilding and diesel power markets.
“By acquiring Onnuri, we increase our local presence which makes us even more fit to meet demands from the important Asian shipbuilding and engine builder markets,” says Lars Renström, President and CEO of the Alfa Laval Group. “We also get access to marine, as well as diesel engine, system building competence.”
Onnuri will remain a separate company as it continues to offer its own systems under the Onnuri brand.

Did you know that that Alfa Laval has been present in South Korea for 30 years and that the order intake in South Korea has tripled during the last five years?





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, 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 2007, posted annual sales of about SEK 25 billion (approx. EUR 2.7 billion). 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