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According to reports, Frank Mohn mainly produces underwater cargo pump systems, which are mainly used to serve the marine industry and oil and gas industry under the brand name of Framo. It has about 1,200 employees and received orders of NOK 6.1 billion in 2013. Alfa Laval said the acquisition will strengthen Alfa Laval's fluid handling products and add unique pump technology. Marine pump systems are used primarily in the product tanker and chemical tanker markets to ensure safe and flexible cargo handling performance for faster time turnaround and less ballast sailing.
Alfa Laval buys pump system manufacturer Frank Mohn
It is reported that Alfa Laval has agreed to acquire Frank Mohn, a manufacturer of underwater pump systems in Bergen, Norway, with a cash amount of approximately NOK 13 billion.