{"id":414612,"date":"2021-01-14T02:53:22","date_gmt":"2021-01-14T07:53:22","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=414612"},"modified":"2021-01-14T02:53:22","modified_gmt":"2021-01-14T07:53:22","slug":"alfa-laval-acquires-a-stake-in-ami-global","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/alfa-laval-acquires-a-stake-in-ami-global\/","title":{"rendered":"Alfa Laval acquires a stake in AMI Global"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">LUND, Sweden<\/span>, <span class=\"xn-chron\">Jan. 14, 2021<\/span> \/PRNewswire\/ &#8212; <b>Alfa Laval &#8211; a world leader in heat transfer, centrifugal separation and fluid handling &#8211; has acquired a 20 percent stake in AMI Global, specialized in end-to-end industrial Internet of Things&#8217; (IoT) solutions for rotating equipment, to further strengthen Alfa Laval&#8217;s position in connected services, such as condition monitoring. The signing and closing date was <span class=\"xn-chron\">December 31, 2020<\/span>.<\/b><\/p>\n<p>AMI Global is a portfolio company of Cimbria Capital, which is a private equity firm based in <span class=\"xn-location\">the United States<\/span> and Scandinavia. The 20 percent stake will enable Alfa Laval to further strengthen its competence in IoT technologies. It&#8217;s part of the company&#8217;s digital transformation and its ambitions to supply remote monitoring of products and solutions. The ability to digitize a wide range of industrial equipment will provide meaningful data and create value for the company&#8217;s customers and end-users.<\/p>\n<p>&#8220;With this investment we enhance our capabilities within remote monitoring and connected services. We know that 24\/7 access to process information provides users with powerful insights for decision making. At the same time, continuous monitoring enables predictive maintenance which minimize downtime giving peace-of-mind for our customers,&#8221; says <span class=\"xn-person\">Nish Patel<\/span>, President of the Food &amp; Water Division at Alfa Laval. <\/p>\n<p>&#8220;We consider Alfa Laval to be an ideal business partner for the next chapter of AMI due to a strong commercial and cultural fit between the two companies,&#8221; states <span class=\"xn-person\">Henrik Skov Laursen<\/span>, CEO of AMI Global. &#8220;Alfa Laval&#8217;s investment in AMI shows the importance of digital transformation and proves Alfa Laval&#8217;s commitment in first-rate technology innovation.&#8221;<\/p>\n<p>\n        <b>Did you know that\u2026<\/b>\u00a0Internet of Things is one of the cornerstones of Industry 4.0, the fourth industrial revolution, where the first three revolutions being the introduction of steam, electricity and electronics?<\/p>\n<p>\n        <b>This is Alfa Laval\u00a0<\/b>\n      <\/p>\n<p>Alfa Laval is active in the areas of Energy, Marine, and Food &amp; Water, offering its expertise, products, and service to a wide range of industries in some 100 countries. The company is committed to optimizing processes, creating responsible growth, and driving progress &#8211; always going the extra mile to support customers in achieving their business goals and sustainability targets.<\/p>\n<p>Alfa Laval&#8217;s innovative technologies are dedicated to purifying, refining, and reusing materials, promoting more responsible use of natural resources. They contribute to improved energy efficiency and heat recovery, better water treatment, and reduced emissions. Thereby, Alfa Laval is not only accelerating success for its customers, but also for people and the planet. Making the world better, every day. It&#8217;s all about Advancing better\u2122.<\/p>\n<p>Alfa Laval has 17,500 employees. Annual sales in 2019\u00a0were <span class=\"xn-money\">SEK 46<\/span>.5\u00a0billion (approx. <span class=\"xn-money\">EUR 4<\/span>.4\u00a0billion). The company is listed on Nasdaq OMX. <\/p>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3037341-1&amp;h=2567324208&amp;u=http%3A%2F%2Fwww.alfalaval.com%2F&amp;a=www.alfalaval.com\" rel=\"nofollow noopener noreferrer\">www.alfalaval.com<\/a>\n      <\/p>\n<p>\n        <b>For more information please contact:<\/b><br \/>\n        <br \/>\n        <span class=\"xn-person\">Johan Lundin<\/span><br \/>\n        <br \/>Head of Investor Relations<br \/>Alfa Laval<br \/>Tel: +46 46 36 65 10<br \/>Mobile: +46 730 46 30 90<\/p>\n<p>\n        <span class=\"xn-person\">Eva Schiller<\/span><br \/>\n        <br \/>PR Manager<br \/>Alfa Laval<br \/>Tel: + 46 46 36 71 01<br \/>Mobile: +46 709 38 71 01 <\/p>\n<p>This information was brought to you by Cision <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3037341-1&amp;h=2344146221&amp;u=http%3A%2F%2Fnews.cision.com%2F&amp;a=http%3A%2F%2Fnews.cision.com\" rel=\"nofollow noopener noreferrer\">http:\/\/news.cision.com<\/a><\/p>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3037341-1&amp;h=2360285655&amp;u=https%3A%2F%2Fnews.cision.com%2Falfa-laval%2Fr%2Falfa-laval-acquires-a-stake-in-ami-global%2Cc3267728&amp;a=https%3A%2F%2Fnews.cision.com%2Falfa-laval%2Fr%2Falfa-laval-acquires-a-stake-in-ami-global%2Cc3267728\" rel=\"nofollow noopener noreferrer\">https:\/\/news.cision.com\/alfa-laval\/r\/alfa-laval-acquires-a-stake-in-ami-global,c3267728<\/a>\n      <\/p>\n<p>The following files are available for download:<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnsbt1 prnsbr1 prnsbb1 prnsbl1\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3037341-1&amp;h=4105309501&amp;u=https%3A%2F%2Fmb.cision.com%2FMain%2F905%2F3267728%2F1358925.pdf&amp;a=https%3A%2F%2Fmb.cision.com%2FMain%2F905%2F3267728%2F1358925.pdf\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">https:\/\/mb.cision.com\/Main\/905\/3267728\/1358925.pdf<\/a><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Release<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO48721&amp;sd=2021-01-14\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/alfa-laval-acquires-a-stake-in-ami-global-301208196.html\">http:\/\/www.prnewswire.com\/news-releases\/alfa-laval-acquires-a-stake-in-ami-global-301208196.html<\/a><\/p>\n<p>SOURCE  Alfa Laval<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=IO48721&amp;Transmission_Id=202101140249PR_NEWS_USPR_____IO48721&amp;DateId=20210114\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire LUND, Sweden, Jan. 14, 2021 \/PRNewswire\/ &#8212; Alfa Laval &#8211; a world leader in heat transfer, centrifugal separation and fluid handling &#8211; has acquired a 20 percent stake in AMI Global, specialized in end-to-end industrial Internet of Things&#8217; (IoT) solutions for rotating equipment, to further strengthen Alfa Laval&#8217;s position in connected services, such as condition monitoring. The signing and closing date was December 31, 2020. AMI Global is a portfolio company of Cimbria Capital, which is a private equity firm based in the United States and Scandinavia. The 20 percent stake will enable Alfa Laval to further strengthen its competence in IoT technologies. It&#8217;s part of the company&#8217;s digital transformation and its ambitions to supply remote monitoring of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alfa-laval-acquires-a-stake-in-ami-global\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Alfa Laval acquires a stake in AMI Global&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-414612","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Alfa Laval acquires a stake in AMI Global - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alfa-laval-acquires-a-stake-in-ami-global\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alfa Laval acquires a stake in AMI Global - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire LUND, Sweden, Jan. 14, 2021 \/PRNewswire\/ &#8212; Alfa Laval &#8211; a world leader in heat transfer, centrifugal separation and fluid handling &#8211; has acquired a 20 percent stake in AMI Global, specialized in end-to-end industrial Internet of Things&#8217; (IoT) solutions for rotating equipment, to further strengthen Alfa Laval&#8217;s position in connected services, such as condition monitoring. The signing and closing date was December 31, 2020. AMI Global is a portfolio company of Cimbria Capital, which is a private equity firm based in the United States and Scandinavia. The 20 percent stake will enable Alfa Laval to further strengthen its competence in IoT technologies. 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