Alfa Laval strengthens its position in the sanitary market in the USA

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has signed an agreement to acquire the American company AGC Engineering, Inc. The company provides sanitary plate heat exchanger service and equipment to the dairy and food processing industries. AGC has a turnover of approximately SEK 70 M and 65 employees.

“The acquisition is in line with the Alfa Laval Group’s strategy of structural growth, including strategic acquisitions and an enlarged scope of Parts and Service, i.e. the Group’s aftermarket business,” says Lars Renström, CEO and President. “In this case Alfa Laval is adding a complementary channel for sanitary plate heat exchanger parts, service and new units to the dairy and food processing industries, mainly targeted in the USA.”

AGC will not be integrated into Alfa Laval. The two organizations will go to market independently of each other according to a multi-brand strategy.

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 2006, posted annual sales of about SEK 20 billion (approx. 2,2 billion euros). The company has some 10,000 employees.
www.alfalalval.com

For more information please contact:
Peter Torstensson
Vice President, Communications
Alfa Laval
Tel: + 46 46 36 72 31
Mobile: +46 709 33 72 31

Mikael Sjöblom
Investor Relations Manager
Alfa Laval
Tel: +46 46 36 74 82
Mobile: +46 709 78 74 82