Alfa Laval Acquires Leader in Heat Exchangers
Alfa Laval, Richmond, Va., acquired Air Cooled Exchangers, LLC (ACE), a Broken Arrow, Okla.-based manufacturer of custom-engineered air-cooled heat exchangers, effective Dec. 31, 2012.
“The acquisition of ACE brings a new product range into our heat transfer offering, at a time when demand for air-cooled heat exchangers is accelerating, especially in the natural gas industry,” says Lars Renström, president and CEO of the Alfa Laval Group. “Together, Alfa Laval’s overall position is further strengthened, and we’re even better positioned to serve the energy-related industries.”
The intention is to integrate ACE into Alfa Laval’s energy and environment segment, within the Process Technology division.