Announced
Financials
Tags
flow control solutions
Pending
Single Bidder
Machinery: Industrial
Acquisition
industrial machinery
Public
Tender Offer
Finland
Friendly
Majority
Cross Border
Synopsis
Alfa Laval, a provider of solutions for heavy industry, offered to acquire Neles, a provider of flow control solutions and services, for $2bn. "We see this offer as clear evidence of the good, strong work done throughout the years. It means that Alfa Laval believes in and appreciates our strategy, products and most of all, know-how of our people. We continue to be serving our customers and executing our strategy, and are delighted to hear that Alfa Laval would support our endeavours," Olli Isotalo, Neles President and CEO.
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