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Announced

Alfa Laval to acquire Scanjet for $31m.

Financials

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Transaction Value£25m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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cleaning equipment

Sweden

Domestic

Friendly

Majority

Acquisition

Pending

Private

Production Technology Equipment

Single Bidder

Synopsis

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Alfa Laval, a heat transfer and centrifugal separation company, agreed to acquire Scanjet, a tank cleaning equipment provider, for $31m. "I am pleased to announce this acquisition. Scanjet's well-known and market-leading solutions for cargo tanks complement our existing Framo cargo pumping solutions for cargo handling. This gives us the ability to optimize tank management for our customers with an ambition to reduce their water and fuel consumption and ultimately their CO2 footprint," Sameer Kalra, Alfa Laval President.

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