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2006-12-13 News Release
Divestment of engineering
activity for biopharm industry
A world leader in heat transfer, centrifugal separation and fluid handling
divests its engineering and validation services for the biopharm industry.
The company, Alfa Laval, provider of specialized products and engineering
solutions based on its key technologies of heat transfer, separation and
fluid handling, is divesting this activity through a purchase agreement
with the Management of this activity.
Find Information and Suppliers of biopharm
engineering services.
The primary reason for divesting the engineering activity for the biopharm
industry, which comprises the offering of engineering and validation services,
is the limited connection to Alfa Laval’s core business of process
solutions and heat transfer, separation and fluid
handling products. The divestment is not anticipated to have any negative
impact on Alfa Laval’s Life Science activity.
The turnover of the divested activity is slightly more than MSEK 100
and it employs approximately 110 people.
The divestment will cause a non-recurring charge to the profit and loss
statement in the fourth quarter 2006 of MSEK 120, of which MSEK 40 are
direct costs connected with the divestment. The remaining part is a write-off
of goodwill. The transaction is estimated to be finalized as per December
29, 2006.
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.
Find more information about Alfa
Laval.
Read a recent press release about - Alfa Laval Packinox to supply Dragon
Aromatics with custom designed heat
exchangers for catalytic processing production of polyester fibers
and PET plastics bottles.
Pharma
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