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Alfa Laval strengthens its position within sanitary processing industries in the US |
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Friday, 30 March 2007 |
 Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has signed an agreement to acquire the American company DSO Fluid Handling, informs the company's press release.
DSO is a manufacturer of predominantly parts for pumps and valves for the sanitary processing industries.
“The acquisition of DSO is in line with Alfa Laval’s acquisition strategy of targeting companies that complement our existing business in terms of products, geography or new sales channels with a rapid contribution to profitable growth,” says Lars Renström, President and CEO of Alfa Laval. “In this case we are adding a complementary channel for replacement parts to the sanitary processing industries, mainly targeted in the US.”
“In line with our multi-brand strategy, DSO will continue to sell its products under its own brand”, adds Lars Renström.
DSO had a turnover in 2006 of about SEK 50 million and has approximately 20 employees. DSO is based in Irvington (Newark), New Jersey USA. |
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