FOCUS announces the sale of AGC Engineering, INC. To Alfa Laval, a global company headquartered in Sweden.
Washington, DC (July 27, 2007) - FOCUS, a national middle market investment banking firm providing merger, acquisition, and corporate finance services announces that it has facilitated the sale of AGC Engineering, Inc. to Alfa Laval. AGC Engineering provides sanitary plate heat exchanger service and equipment to the dairy and food processing industries. Alfa Laval is a world leader in heat transfer, centrifugal separation and fluid handling.
The acquisition is in line with the Alfa Laval's strategy of structural growth, including strategic acquisitions and an enlarged scope of parts and service. In this case, Alfa Laval is adding a complementary channel for sanitary plate heat exchanger parts, service and new units to the dairy and food processing industries, mainly targeted in the United States.
Rob Bohn, Founder and President of AGC Engineering, Inc. said of the acquisition, “We are excited about the opportunity to help a global company better penetrate the US market. Both companies have a dedication to outstanding products and superior customer service. Working as part of the Alfa Laval organization will allow us to focus more on our core competencies in the sanitary and food industry Plate Heat Exchanger business, as well as expand our abilities both domestically and internationally.”
About Alfa Laval
Alfa Laval, headquartered in Sweden, is a leading global provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation and fluid handling. The company's equipment, systems and services are dedicated to assisting customers in optimizing the performance of their processes. The solutions help them to heat, cool, separate and transport products in industries that produce food and beverages, chemicals and petrochemicals, pharmaceuticals, starch, sugar and ethanol. More information about Alfa Laval can be found at www.alfalaval.com.
About FOCUS Enterprises, Inc.
FOCUS provides a range of middle market investment banking services with an emphasis on mergers, acquisitions, divestitures and corporate finance. FOCUS is headquartered in Washington, DC, with regional offices in Atlanta, Chicago and San Francisco. FOCUS specializes in business units with transactions or revenues in the $5-300 million range, serving entrepreneurs, corporate owners, and various types of investors across a broad range of industries, throughout the US and worldwide. All 28 FOCUS bankers are seasoned operating and financial executives with extensive transaction experience. For more information on FOCUS, visit www.focusenterprises.com.