A world-leader in centrifugal separation, heat transfer, and fluid handling, Alfa Laval has recently announced acquiring about 20% stake in AMI Global, a specialist in end-to-end industrial Internet of Things (IoT) solutions for rotating machineries. Apparently, the main motive behind this acquisition is to support Alfa Laval’s position in connected services, including condition monitoring.
Speculations have it that the 20% stake in AMI would enable Alfa Laval to further bolster its competence in IoT technologies which comes on the heels of the firm’s digital transformation and its ambitions to supply remote analysis of solution and products. In fact, the ability to digitize a huge gamut of industrial equipment would offer meaningful information and create value for the company’s customers and end-users.
Speaking on the acquisition, Nish Patel, President of the Food and Water Division at Alfa Laval, cited that the investment would allow Alfa to improve its capabilities within remote monitoring and connected services. In this aspect, the company’s 24*7 access to process information provides users with superior maintenance would reduce the downtime, delivering peace-of-mind to consumers.
While on the other hand, CEO of AMI Global, Henrik Skov Laursen stated that the firm considers Alfa Laval to be an ideal business alliance for its next chapter of growth due to a robust cultural and commercial fit between the two companies. He added that Alfa’s investment in AMI demonstrates the significance of digital transformation and proves the former’s commitment in first-rate technology innovation.
For the record, Alfa Laval boasts of its expertise in Energy, Food and Water, and Marine industries, while proving products and services to a wide range of network in some 100 countries. The company is committed to optimizing processes, driving progress, and creating potential growth to support customers in accomplishing their business goals and sustainability targets.
Source Credit: https://www.prnewswire.com/news-releases/alfa-laval-acquires-a-stake-in-ami-global-301208196.html