Acquiring Company
Alfa Laval
Acquired Company
Desmet
Sweden
BelgiumEnergyOil And GasRenewable EnergyDescription
Alfa Laval has signed an agreement to acquire Desmet, part of the Desmet Ballestra Group, a world leader in engineering and supplying processing plants and technologies for edible oils and biofuel sectors. The acquisition will strengthen Alfa Laval's position in the renewable energy arena and complement its offering within edible oils. Closing is expected during Q2 2022.
Quick answer
Alfa Laval is acquiring Desmet, announced March 31, 2022. Alfa Laval is based in Sweden.
- How much did Alfa Laval pay for Desmet?
- The deal value was not disclosed.
- What does Alfa Laval do?
- Enhancing customers’ competitiveness through world-leading sustainable solutions within the Energy, Food, Water and Marine industries.
- Where are Alfa Laval and Desmet based?
- Alfa Laval is based in Sweden. Desmet is based in Belgium.
Source: Fundz verified event record.
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Who to call at Alfa Laval, and when
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Frequently asked
Who acquired Desmet?
Desmet was acquired by Alfa Laval, based in Sweden. The deal was reported on March 31, 2022. Enhancing customers’ competitiveness through world-leading sustainable solutions within the Energy, Food, Water and Marine industries. Alfa Laval is privately held and operates in Energy.
When did Alfa Laval acquire Desmet?
Alfa Laval's acquisition of Desmet was reported on March 31, 2022. Alfa Laval has signed an agreement to acquire Desmet, part of the Desmet Ballestra Group, a world leader in engineering and supplying processing plants and technologies for edible oils and biofuel sectors. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Desmet do?
Desmet is the company acquired in this transaction. It is privately held, and is based in Belgium.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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