Alfa Laval (STO:ALFA), a world leader in heat transfer, centrifugal separation and fluid handling, announced on October 23 2008 a public offer to increase its share of Alfa Laval (India) Ltd. The offer has now been closed and owners of approximately 12 percent of the shares accepted to sell at 1 000 rupees per share, which represents a total value of approximately SEK 380 million. This means that Alfa Laval AB increases its share of ownership in the Indian company from some 77 percent to approximately 89 percent. Alfa Laval (India) Ltd., is listed on the stock market in Mumbai.
Did you know that Alfa Laval opened its representative office in India already in 1937 - ten years before the country’s independence from Great Britain.
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 12 000 employees.
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