Alfa Laval Completes Acquisition of Tranter.STOCKHOLM, Sweden -- "Tranter is a well managed company that will strengthen our global presence. Additionally we have seen a positive development in Tranter during 2005," says Lars Renstrom, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the Alfa Laval Alfa Laval AB is a Swedish company, founded in 1883 by Gustaf de Laval and Oscar Lamm. The company is a leading producer of specialized products and solutions used to heat, cool, separate and transport products such as oil, water, chemicals, beverages, foodstuffs, starch and Group (STO:ALFA). Alfa Laval - a world leader in heat transfer, centrifugal separation and fluid handling - has completed the acquisition of Tranter. Tranter is a well-known company and a premium brand in the design and production of plate heat exchangers for a wide range of applications. The company had a turnover in 2005 of about SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 900 million and has approximately 470 employees globally in R&D, manufacturing and sales. Alfa Laval has paid approximately SEK 1.2 billion in cash. Mr. Lars Renstrom, President and CEO of the Alfa Laval Group, comments on the acquisition: "I'm very satisfied that we have been able to acquire Tranter. Tranter is a well managed company that will strengthen our global presence. Additionally we have seen a positive development in Tranter during 2005. That is why it's natural that Tranter continues to be an independent channel to the market. In practice it means that they will offer their own product range under the Tranter brand through their own distribution network." The sales of Tranter are equally divided between North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and the rest of the world. Key application areas are HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free (heating, ventilation and air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. ), Process industries and Marine. Tranter will be consolidated as of March 1 2006. This information was brought to you by Waymaker http://www.waymaker.net |
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