Acquiring Company
Alfa Laval
Acquired Company
Fives Cryogenics
Sweden
ParisEnergyOil And GasRenewable EnergyManufacturingOil And GasDescription
Alfa Laval plans to acquire the Fives Cryogenics business unit for $US866.6 million. This acquisition aims to strengthen Alfa Laval's capabilities in cryogenic technologies essential for energy efficiency. The deal is subject to regulatory approvals and expected to close in 2025. Fives Cryogenics will operate as a separate unit under Alfa Laval's Energy Division.
Quick answer
Alfa Laval is acquiring Fives Cryogenics for $866.6 million, announced March 24, 2025. Alfa Laval is based in Sweden.
- How much did Alfa Laval pay for Fives Cryogenics?
- The reported deal value is $866.6 million.
- 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 Fives Cryogenics based?
- Alfa Laval is based in Sweden. Fives Cryogenics is based in Paris, Ile-de-France, France.
Source: Fundz verified event record.
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Frequently asked
Who acquired Fives Cryogenics?
Fives Cryogenics was acquired by Alfa Laval, based in Sweden. The deal was reported on March 24, 2025. 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 Fives Cryogenics?
Alfa Laval's acquisition of Fives Cryogenics was reported on March 24, 2025. Alfa Laval plans to acquire the Fives Cryogenics business unit for $US866.6 million. This acquisition aims to strengthen Alfa Laval's capabilities in cryogenic technologies essential for energy efficiency. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Fives Cryogenics do?
Fives Cryogenics is a world-leading expert in cryogenic heat transfer and pump technologies. With over 60 years of experience, the company specializes in designing and manufacturing cryogenic heat exchangers and pumps for gas liquefaction. It is privately held, operating in Manufacturing, and is based in Paris.
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