Alfa Level Group (STO:ALFA) has announce3d that it has acquire 65% of the shares in Si Fang Stainless Steel Products Co. Ltd. Si Fang, based in China, serves the food and beverage market with a portfolio that includes pumps, valves and fittings. Its sales reached SEK 150 million in 2009 and it currently employs 300 employees. Si Fang was consolidated into the Alfa Laval Group on April 1, 2010.
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Alfa Laval AB is a Sweden-based provider of specialty products and engineering solutions. The Company is engaged in the provision of products and solutions for heat transfer, separation and fluid handling. Its key products include heat exchangers, separators, pumps and valves and are primarily used in the manufacturing of food, chemicals, pharmaceuticals, starch, sugar and ethanol. The Company reports three divisions: Equipment, Process Technology and Operation. The Equipment Division and Process Technology Division market the Company’s products and solutions based on the key technologies of heat transfer, separation and fluid handling. The Operations Division is additionally responsible for product-related purchasing, manufacturing and distribution. Alfa Laval AB is operational internationally, with sales activities in nearly 100 countries and 28 production units in Europe, Asia, the United States and Latin America.
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