Loading…
Alfa Laval has completed the acquisition of the cryogenics business unit of Fives Group, now Fives Energy Cryogenics, a maker of cryogenic heat exchangers and pumps. The business joins Alfa Laval's Energy Division as a new separate unit.
Alfa Laval signed a binding put-option agreement to acquire the Fives Cryogenics business unit of Fives Group for a fixed price of EUR 800 million, subject to works council consultation.
