Alfa Laval to acquire tank cleaning equipment provider Scanjet

Alfa Laval has agreed to acquire Scanjet, a supplier of tank cleaning equipment and solutions for offshore, marine, and industrial applications.

The financial terms of the deal were not disclosed.

Magnus Wallin — CEO of Scanjet said: “Alfa Laval is the ideal place for Scanjet’s journey to continue.

“Our companies have leading marine offerings that complement and strengthen each other. Above all, we share the ambition to exceed customer needs in full.”

Alfa Laval to acquire tank cleaning equipment and solutions provider Scanjet
Alfa Laval to acquire tank cleaning equipment and solutions provider Scanjet. Photo courtesy of Kigsz/Wikipedia.org.

According to the Swedish company, the acquisition will expand its tanker offering to create a product portfolio for cargo tanks that is more comprehensive.

See also  Aegon to divest select European businesses to Vienna Insurance Group

Alfa Laval said that the intelligent tank management solutions of Scanjet will be a useful complement to its sustainable marine offering as they lower the usage of water and consumption of energy linked to tank cleaning.

By adding Scanjet to its portfolio, Alfa Laval expects to support customer efficiency at all the stages of cargo handling.

Scanjet has a workforce of around 150 people and has factories across Sweden, Indonesia, and Poland and a turnover of nearly SEK 300 million.

See also  ORLEN Południe sets $197m for rapeseed processing plant in Kętrzyn

Sameer Kalra — President of the Alfa Laval Marine Division said: “I am pleased to announce this acquisition. Scanjet’s well-known and market-leading solutions for cargo tanks complement our existing Framo cargo pumping solutions for cargo handling. This gives us the ability to optimize tank management for our customers with an ambition to reduce their water and fuel consumption and ultimately their CO2 footprint.”

The deal is expected to close during the third quarter of this year.

See also  Erdogan's unexpected move: Is Sweden finally joining NATO?

Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.