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Alfa Laval acquires Aalborg Industries
NEWS
Aquaporin makes progress
I
n the year to 30 September 2010, Danish biomimetic membrane company Aquaporin A/S realised a loss of DKR4.0 million, which is in line with expectations. Key achievements for Aquaporin during the 2009/2010 financial year include funding from the Danish National Advanced Technology Foundation, the European Commission and the Environmental and Water Industrial Foundation in Singapore; new headquarters and a development centre in Copenhagen, Denmark; a new development project at Nanyang Technological University’s Singapore Membrane Technology Centre, and the approval of a number of patents. An Asian subsidiary is also being established. Aquaporin CEO Peter Holme Jensen said: “The Aquaporin management group is very pleased with the progress we have experienced over the past year. We have created the ideal foundation for completing the development and commercialisation of the Aquaporin membrane technology on an international level.” In the coming year the company will be developing the Aquaporin membrane technology internationally and expects to conclude its first strategic partnership agreement on product development with an international industrial partner. Aquaporin is a 70%-owned subsidiary of the M Goldschmidt Holding Group.
For further information, visit www.aquaporin.dk
Alfa Laval acquires Aalborg Industries
A
lfa Laval is buying Danish marine boiler engineering company Aalborg Industries from Nordic investors Altor 2003 Fund and LD Equity 1 K/S. With 2600 employees and subsidiaries in 14 countries, Aalborg Industries’ business areas include marine boilers and heat exchangers; inert gas systems; thermal fluid systems; floating production systems; exhaust gas cleaning; water treatment systems; and industrial boilers. Jan Vestergaard Olsen, president & CEO of Aalborg Industries, said that a strong strategic correlation between the two companies had been identified during the discussions 4
Filtration Industry Analyst
with Alfa Laval. “After five years’ successful collaboration with the present owners, Aalborg Industries is on the threshold of a new era,” said Vestergaard Olsen. “Aalborg Industries is now positioned for a new period of growth. The Group’s core business has been supplemented with new products in the field of environmental technology that open up new growth potential going forward. Accordingly, it was natural for us to let a new owner continue the development of Aalborg Industries. We regard Alfa Laval as the ideal partner for the company, since the two companies complement each other in a positive way,” said Denis Viet-Jacobsen, a partner at Altor. Lars Renström, president and CEO of Alfa Laval, said: “The acquisition of Aalborg Industries will be a significant boost to Alfa Laval’s position in the field of heat transfer. This will give Alfa Laval a position as global market leader within an attractive business segment that includes boilers, thermal fluid systems and inert gas systems.” For further information, visit www.alfalaval.com and www.aalborg-industries.com
in Sandefjord, Norway to the Nederman production units in Töredal and Helsingborg, Sweden. The closure of the Sandefjord facility will affect 25 people. Some new positions will be created in Töredal and Helsingborg, which will be offered to the affected people in Sandefjord. The transfer of production from Norway to Sweden will start immediately and should be completed by the end of the second quarter 2011. The decision to transfer production follows an in-depth review of alternatives for the Norclean product range and is part of Nederman’s ongoing analysis of its businesses and operational structure following last year’s acquisition of Dantherm Filtration. (see Filtration Industry Analyst, May and April 2010). Nederman Norclean produces a range of industrial vacuum cleaning systems for the extraction, collection, separation and transportation of a range of materials and liquids. For further information, visit www.nederman.com
Fiberweb optimistic on Orrell Filtration buys 2010 outlook Hilson filter bag division onwoven fabrics producer
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Fiberweb plc continued to deliver improved trading in the second half of 2010. In a statement ahead of preliminary results for the year ending 31 December 2010, Fiberweb said that profits for the full year are expected to slightly exceed market expectations, with like for like sales about 10% ahead of the prior year. This would be a seventh consecutive six-month period of improved performance. The strongest trading performance has been in the Industrial business with good performance in filtration despite US construction markets remaining weak throughout the year.
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Nederman Norclean transfers production from Norway to Sweden
rrell Filtration, a UK manufacturer of filter sleeves/bags for dust extraction equipment, has acquired the filter bag division of Manchester-based Hilson Ltd (formerly G Hunt Filtration Ltd), which went into administration in the last quarter of 2010. The sale to Orrell Filtration includes Hilson stock and machinery, which have been moved to Orrell Filtration’s Stalybridge site. Key staff have also been re-employed and relocated allowing Orrell Filtration to increase its capacity to produce filter sleeves, bags and multi-pocket filter elements. Orrell Filtration chairman Roland Orrell said: “We are aiming to be the UK’s number one filter bag manufacturer and this acquisition will enable us to double our capacity allowing us to supply the end user. We are also in the fortunate position to re-employ a specialist workforce with more than 40 years experience”
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For further information, visit www.orrellfiltration.co.uk and www.modernairsystems.com
For further information, visit www.fiberweb.com
ederman Norclean AS is moving production from its plant
January 2011
Aquaporin makes progress
I
n the year to 30 September 2010, Danish biomimetic membrane company Aquaporin A/S realised a loss of DKR4.0 million, which is in line with expectations. Key achievements for Aquaporin during the 2009/2010 financial year include funding from the Danish National Advanced Technology Foundation, the European Commission and the Environmental and Water Industrial Foundation in Singapore; new headquarters and a development centre in Copenhagen, Denmark; a new development project at Nanyang Technological University’s Singapore Membrane Technology Centre, and the approval of a number of patents. An Asian subsidiary is also being established. Aquaporin CEO Peter Holme Jensen said: “The Aquaporin management group is very pleased with the progress we have experienced over the past year. We have created the ideal foundation for completing the development and commercialisation of the Aquaporin membrane technology on an international level.” In the coming year the company will be developing the Aquaporin membrane technology internationally and expects to conclude its first strategic partnership agreement on product development with an international industrial partner. Aquaporin is a 70%-owned subsidiary of the M Goldschmidt Holding Group.
For further information, visit www.aquaporin.dk
Alfa Laval acquires Aalborg Industries
A
lfa Laval is buying Danish marine boiler engineering company Aalborg Industries from Nordic investors Altor 2003 Fund and LD Equity 1 K/S. With 2600 employees and subsidiaries in 14 countries, Aalborg Industries’ business areas include marine boilers and heat exchangers; inert gas systems; thermal fluid systems; floating production systems; exhaust gas cleaning; water treatment systems; and industrial boilers. Jan Vestergaard Olsen, president & CEO of Aalborg Industries, said that a strong strategic correlation between the two companies had been identified during the discussions 4
Filtration Industry Analyst
with Alfa Laval. “After five years’ successful collaboration with the present owners, Aalborg Industries is on the threshold of a new era,” said Vestergaard Olsen. “Aalborg Industries is now positioned for a new period of growth. The Group’s core business has been supplemented with new products in the field of environmental technology that open up new growth potential going forward. Accordingly, it was natural for us to let a new owner continue the development of Aalborg Industries. We regard Alfa Laval as the ideal partner for the company, since the two companies complement each other in a positive way,” said Denis Viet-Jacobsen, a partner at Altor. Lars Renström, president and CEO of Alfa Laval, said: “The acquisition of Aalborg Industries will be a significant boost to Alfa Laval’s position in the field of heat transfer. This will give Alfa Laval a position as global market leader within an attractive business segment that includes boilers, thermal fluid systems and inert gas systems.” For further information, visit www.alfalaval.com and www.aalborg-industries.com
in Sandefjord, Norway to the Nederman production units in Töredal and Helsingborg, Sweden. The closure of the Sandefjord facility will affect 25 people. Some new positions will be created in Töredal and Helsingborg, which will be offered to the affected people in Sandefjord. The transfer of production from Norway to Sweden will start immediately and should be completed by the end of the second quarter 2011. The decision to transfer production follows an in-depth review of alternatives for the Norclean product range and is part of Nederman’s ongoing analysis of its businesses and operational structure following last year’s acquisition of Dantherm Filtration. (see Filtration Industry Analyst, May and April 2010). Nederman Norclean produces a range of industrial vacuum cleaning systems for the extraction, collection, separation and transportation of a range of materials and liquids. For further information, visit www.nederman.com
Fiberweb optimistic on Orrell Filtration buys 2010 outlook Hilson filter bag division onwoven fabrics producer
N
Fiberweb plc continued to deliver improved trading in the second half of 2010. In a statement ahead of preliminary results for the year ending 31 December 2010, Fiberweb said that profits for the full year are expected to slightly exceed market expectations, with like for like sales about 10% ahead of the prior year. This would be a seventh consecutive six-month period of improved performance. The strongest trading performance has been in the Industrial business with good performance in filtration despite US construction markets remaining weak throughout the year.
O
Nederman Norclean transfers production from Norway to Sweden
rrell Filtration, a UK manufacturer of filter sleeves/bags for dust extraction equipment, has acquired the filter bag division of Manchester-based Hilson Ltd (formerly G Hunt Filtration Ltd), which went into administration in the last quarter of 2010. The sale to Orrell Filtration includes Hilson stock and machinery, which have been moved to Orrell Filtration’s Stalybridge site. Key staff have also been re-employed and relocated allowing Orrell Filtration to increase its capacity to produce filter sleeves, bags and multi-pocket filter elements. Orrell Filtration chairman Roland Orrell said: “We are aiming to be the UK’s number one filter bag manufacturer and this acquisition will enable us to double our capacity allowing us to supply the end user. We are also in the fortunate position to re-employ a specialist workforce with more than 40 years experience”
N
For further information, visit www.orrellfiltration.co.uk and www.modernairsystems.com
For further information, visit www.fiberweb.com
ederman Norclean AS is moving production from its plant
January 2011