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Sweden’s Alfa Laval set to acquire Fives Cryogenics in France for €800m

Gas
March 21, 2025

Swedish manufacturing firm Alfa Laval has signed a binding put-option agreement to acquire Fives Cryogenics, a French business specialising in cryogenic heat transfer and pump technologies, for €800m.

By adding cryogenic technologies to its portfolio, Alfa Laval aims to expand its capabilities to support the energy transition.

If the purchase goes ahead, Fives will become part of Alfa Laval’s energy division and operate as a separate business unit.

Tom Erixon, President and CEO of Alfa Laval, said the company would continue to invest in capabilities and growth in the next five years, particularly in France.

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Gas
April 27, 2026

UK paper mill installs biogenic carbon capture pilot

By 30 min ago 3 min read A paper mill in Wales, UK, operated by the German-based WEPA Group has been fitted with a carbon capture system, which will capture…

Gas
April 27, 2026

UK paper mill installs biogenic carbon capture pilot

By 30 min ago 3 min read A paper mill in Wales, UK, operated by the German-based WEPA Group has been fitted with a carbon capture system, which will capture…