Alfa Laval acquires provider of niche heat transfer products to the U.S. energy market

Lars Renström, President and CEO of the Alfa Laval Group, comments on the reasons for the acquisition: “The acquisition of Niagara Blower brings in new and complementary heat-transfer products, mainly air-cooled heat exchangers, which further strengthen our offering to the oil and gas processing industries. They strengthen our U.S. portfolio and will gradually also be added to our product offering on a global scale.”

Niagara Blower Company is located in Buffalo, New York. It generated sales of about SEK 425 million in 2012, with profitability well above the average for the Alfa Laval Group. The intention is to integrate Niagara Blower into the segment Energy & Environment, within the Process Technology Division. The company, which has some 120 employees, was acquired on May 29, 2013.

Did you know that… Niagara Blower Company was founded in 1904, providing air conditioning and heating equipment to the U.S. market.