Alfa Laval goes from two selling divisions to three
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – reorganizes the business and creates a new selling division – the Marine & Diesel Division. The new structure means that the marine, offshore and diesel businesses of Alfa Laval and Aalborg Industries are integrated with the aim to improve the presence and competitiveness and further strengthen the company’s position. Peter Leifland has been appointed head of the division.
“The new division will have a broad assortment of products with strong market positions, “said Peter Leifland. “Furthermore, the increase in seaborne trade contributes to creating a solid base for further growth.” At the same time, the business is diversified and not only dependant on the marine and offshore contracting levels. More than one third of the division’s order intake relates to the aftermarket and more than 10 percent can be associated with the land-based diesel power market. In addition, the new environmental applications make up for a growing portion. “Please remember that our environmental applications not solely rely on the development of new builds. There are also large opportunities in the retrofit market for existing ships,” said Peter Leifland.
The new structure will be reflected in the public financial reporting from the first quarter report 2012.
Alfa Laval’s selling divisions now include Equipment, Process Technology and Marine & Diesel. All new sales to the marine market and the market for land-based diesel power have been stripped out of the Equipment Division, as has the Parts & Service activities relating to these markets. Aalborg’s business within industrial boilers in Brazil, is integrated into the Process Technology Division.
The Marine & Diesel segments:
- Marine & Offshore Systems
- Marine & Diesel Equipment
- Parts & Service.
Marine & Offshore Systems – global new sales of Alfa Laval Aalborg’s product range of boilers, inert gas systems, waste heat recovery units and floating production systems to marine and offshore customers.
Marine & Diesel Equipment – global new sales of Alfa Laval’s traditional product range as well as the Alfa Laval Aalborg waste heat recovery units to diesel customers.
Peter Leifland has been appointed to lead the new division. In his previous position, as head of the sales region Western Europe and North America, he will be replaced by Nish Patel, who also joins Alfa Laval’s group management.
Pro forma numbers for the division, January - September:
SEK mln
Order intake 5,873
Order backlog 5,900
Revenues 6,007
Operating result (EBIT*) 1,280
- as a percentage of revenues 21.3
* After step-up amortization, but excluding Aalborg integration cost of SEK 80 mln
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 2010, posted annual sales of about SEK 24.7 billion (approx. 2.6 billion Euros). The company has 12 600 employees.
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