Alfa Laval Group acquires German company – specialized in welded heat exchangers
Alfa Laval Group – a world leader in heat transfer, centrifugal separation and fluid handling – has acquired Pressko AG, a German specialist company providing fully welded heat exchangers. Pressko’s estimated sales 2008 are about SEK 50 million.
Pressko AG will be integrated into Tranter, which is a separate organization within the Alfa Laval Group.
The acquisition of Pressko supports the strategy of the Alfa Laval Group – to primarily acquire companies that complement the existing business in terms of products, geography or in the form of new sales channels.
About Tranter
Tranter is a well-known company and a premium brand in the design and production of plate heat exchangers for a wide range of applications. It is a global organization with R&D, manufacturing and sales units in the Americas, Asia and Europe. The Alfa Laval Group acquired Tranter as of March 1, 2006.
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. 2.7 billion euros). The company has some 11,500 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
Alfa Laval AB (publ) discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 13.00 on July 31, 2008.