ABB acquires Alfa Laval Automation

ABB agreed June 17 to acquire Alfa Laval Automation from Alfa Laval of Sweden. With annual revenues of about $150 million, Alfa Laval Automation is one of Europe's five largest process control system and automation equipment suppliers. The Sweden-based unit employs 1,200 people in 14 countries.

07/01/1998


ABB agreed June 17 to acquire Alfa Laval Automation from Alfa Laval of Sweden. With annual revenues of about $150 million, Alfa Laval Automation is one of Europe's five largest process control system and automation equipment suppliers. The Sweden-based unit employs 1,200 people in 14 countries. The acquisition is subject to approval of regulatory authorities. "Alfa Laval Automation's strength in the pharmaceutical and food sectors allows us to significantly broaden our scope in this important business," says Göran Lindahl, ABB's president and ceo. Sigge Haraldsson, Alfa Laval's ceo, adds the sale "is part of our objective to concentrate on our core businesses, while providing our automation business with the opportunity to grow through ABB's global resources." The acquisition will become part of ABB's Industrial and Building Systems segment, which received more than $16 billion in orders during 1997 and has about 97,000 employees. ABB employs approximately 213,000 people and had 1997 orders of about $35 billion.





No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Sensor-to-cloud interoperability; PID and digital control efficiency; Alarm management system design; Automotive industry advances
Make Big Data and Industrial Internet of Things work for you, 2017 Engineers' Choice Finalists, Avoid control design pitfalls, Managing IIoT processes
Engineering Leaders Under 40; System integration improving packaging operation; Process sensing; PID velocity; Cybersecurity and functional safety
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Flexible offshore fire protection; Big Data's impact on operations; Bridging the skills gap; Identifying security risks
The digital oilfield: Utilizing Big Data can yield big savings; Virtualization a real solution; Tracking SIS performance
click me