1 September 2009
folder [featCategs]
Alfa Laval acquires South Korean heat exchanger firm
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HEAT exchanger manufacturer Alfa Laval has bought 90% of the shares in the South Korean company Leader Heat Exchanger (LHE).
LHE, which targets the compact plate heat exchanger market for the HVAC sector and other industries, was consolidated into the Alfa Laval Group on September 1, 2009.
LHE has sales of about SEK 750 million in 2008 and 170 employees. Alfa Laval posted annual sales of about SEK 28 billion and employs 12,000 people.