Investment in Growth and Innovation
Alfa Laval isn’t just acquiring assets; it’s laying the foundation for future expansion. The Swedish giant has unveiled plans to invest heavily in new capabilities, particularly through a major production facility in Golbey, eastern France.
This move signals long-term commitment to innovation in cryogenic technologies, a sector that is becoming increasingly critical in industries like liquefied natural gas (LNG), hydrogen storage, and industrial gas processing.
A 60-Year Legacy Joins a 140-Year Titan
Founded in 1883, Alfa Laval has cemented its presence across marine, energy, food, and water industries. By absorbing Fives Cryogenics, a firm with over 60 years of experience designing and manufacturing cryogenic heat exchangers and pumps, Alfa Laval gains not only cutting-edge technology but also a global footprint spanning France, China, and Switzerland.
Financial backing for the acquisition comes from Alfa Laval’s existing resources and debt, with Jefferies serving as the company’s financial adviser.
