Fives: Alfal Laval to acquire Fives Cryogenics business

Alfa Laval AB (Lund, Sweden) has signed a binding put-option agreement to acquire the Fives Cryogenics business unit, part of Fives Group (Paris, France), for a total fixed purchase price of EUR 800 million on a cash and debt-free basis. Fives Cryogenics is a world-leading expert in cryogenic heat transfer and pump technologies. The proposed [...] The post Alfal Laval to acquire Fives Cryogenics business appeared first on Chemical Engineering.