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flag Swedish firm Alfa Laval acquires French Fives Cryogenics for €800M to boost cryogenic tech.

flag Swedish company Alfa Laval is set to acquire French firm Fives Cryogenics for €800 million, expanding Alfa Laval's capabilities in cryogenic technologies and supporting their energy transition efforts. flag Fives Cryogenics specializes in heat transfer and pump technologies for cryogenic processes. flag The deal, pending consultation with works councils, marks Alfa Laval's investment in growth and capability expansion, particularly in France.

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