Alfa Laval makes SEK5027 million cash offer for Munters

"The acquisition of Munters will complement our selection of products and gives us an increased application knowledge in air and climate solutions,” said Lars Renström, president and CEO of Alfa Laval. ”Munters is a company with strong positions that we can further develop through Alfa Laval’s industrial structure and strong presence in the fast-growing markets of South America, Eastern Europe and, not the least, Asia.”

Munters has three divisions: Dehumidification, HumiCool (Evaporative Cooling/Humidification) and MCS (Moisture Control Services).The company has approximately 2100 employees and had turnover of approximately SEK3.8 billion in 2009.