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Swedish manufacturer Alfa Laval AB (OMX: ALFA), a manufacturer in heat transfer, centrifugal separation and fluid handling, has completed the acquisition of Frank Mohn AS, a manufacturer of submerged pumping systems to the marine and offshore markets, for a total cash consideration of NOK 13 billion (US$2.2 billion).
The acquisition strengthens Alfa Laval’s product offering for fluid handling equipment and its position in the marine and offshore markets.