Sulzer completes acquisition of Alba Power.

Sulzer, pumping solutions, completes acquisition of Alba Power, a leading independent service provider for aeroderivative gas turbines in Aberdeen. Financial terms were not disclosed. Through this acquisition, Sulzer diversifies its gas turbine service business into distributed power and offshore as well as marine applications where there are sizable, active markets and numerous cross-selling synergies with its existing pump, motor, generator and turbo service customers. “Alba Power strongly complements our existing service offering in gas turbines globally, diversifying our gas turbine service portfolio both into smaller gas turbines and distributed power. Alba will benefit from our global sales and service center footprint and technical expertise required for servicing heavy industrial gas turbines. They have an outstanding reputation with their customers and we are very happy to welcome them to the Sulzer team”. Daniel Bischofberger, Sulzer President.