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 Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Mergers & Acquisitions

Ocean Safety, Richard Irvin Marine Safety Merger

Ocean Safety has today announced the merger with Richard Irvin Energy Solutions Marine Safety Division and their Aberdeen branch.   This merger follows the

Carlyle Group Acquires LMC

Global alternative asset manager The Carlyle Group today announced the acquisition of Lauderdale Marine Center (LMC), the nation's largest yacht repair facility

Qatar Navigation Absorbs Balance of SocGen Gasships

Qatar Navigation (Milaha) said on Thursday its unit Qatar Shipping Company had acquired the remaining 60 percent interest in two firms which own Liquefied Natural

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Sonar
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: 0.0945 sec (11 req/sec)