Alfa Laval continues to expand its product portfolio – acquires safety equipment for the marine industry
| Source:Alfa Laval AB
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid
handling – has acquired the assets and technology for a gas combustion unit from
the company Snecma (Safran). The product, which will be included in the offering
from the Marine & Offshore Systems segment, is expected to generate sales of
about SEK 40 million in 2013.
The product is a piece of safety equipment for Liquefied Natural Gas (LNG)
carriers. It prevents overpressure of the LNG tanks by venting the boil-off gas
and burning it, instead of letting the highly flammable gas out into the
atmosphere, which is prohibited by marine safety regulations.
Lars Renström, President and CEO of the Alfa Laval Group, comments on the
acquisition: “With this acquisition we expand and further strengthen our offer
to the growing gas transportation business, a business which typically has high
barriers to entry. Few companies can offer this type of safety equipment.”
Did you know that… the International Energy Agency (IEA) estimates cumulative
investments of almost SEK 550 billion ($ 86 billion) in LNG carriers until
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
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
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 Nasdaq OMX, and, in 2012, posted annual sales of about
SEK 29.8 billion (approx. 3.5 billion Euros). The company has today about 16 400
For more information please contact:
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Tel: +46 46 36 74 82
Mobile: +46 709 78 74 82
 (http://#_ftnref1) Source: World Energy Outlook 2011
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