Alfa Laval to Acquire Fives Cryogenics for EUR 800 Million

March 21, 2025

Alfa Laval has signed a binding put-option agreement to acquire the Fives Cryogenics business unit from Fives Group for a total fixed purchase price of EUR 800 million on a cash and debt-free basis. The deal is expected to close in 2025, subject to works council consultation and regulatory approvals.

Buyers
Alfa Laval
Targets
Fives Cryogenics
Sellers
Fives Group
Location
France
Transaction Type
Buyout

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