Alfa Laval Acquires Niche US Company

Press Release
Thursday, July 05, 2012

Alfa Laval acquires US-based company Vortex Systems, a manufacturer of mixing and blending solutions for the oil & gas industry

Alfa Laval is a leading provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation and fluid handling.

Lars Renström, President and CEO of the Alfa Laval Group, comments on the acquisition: “The acquisition of Vortex Systems will further strengthen our offering to the interesting oil and gas industry, both for onshore and offshore applications.”

Vortex Systems had sales of approximately SEK 100 million in 2011 and about 20 employees at its location in Huston, Texas, USA.

The intention is to integrate Vortex Systems into Alfa Laval. The company will be consolidated into Alfa Laval from June 30, 2012.

With the acquisition of Vortex Systems, Alfa Laval has acquired 32 companies during the last 6 years representing about SEK 8.5 billion in sales at the time of the acquisition.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Mergers & Acquisitions

COSCO Also Eyes Greek Train Network

China's COSCO already the sole bidder for Greece's Piraeus Port. Buying both would give COSCO a European transhipment hub. China's COSCO is expected to make

Videotel, Safebridge JV for Onboard ECDIS Certification

Videotel, a provider of e-Learning maritime training solutions and a company of KVH Industries, has joined forces with online maritime training business Safebridge GmbH,

DNV GL, RS Ink Cooperation Deal

DNV GL’s Maritime CEO Knut Ørbeck-Nilssen recently met with Konstantin Palnikov, Director General of the Russian Maritime Register of Shipping (RS), at the RS head office in St.

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1388 sec (7 req/sec)