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. |