Desmet has been acquired by Alfa Laval
Desmet, part of the Desmet Ballestra Group, a world leader in engineering and supplying processing plants and technologies for edible oils and biofuel sectors has been acquired by Alfa Laval. The acquisition will strengthen Alfa Laval’s position in the renewable energy arena and complement its offering within edible oils.
Headquartered in Brussels, Belgium, Desmet employs around 1,000 people in Europe, India, Southeast Asia, North America and Latin America. The business to be acquired, currently a part of the Desmet Ballestra Group, had a turnover of approx. EUR 300 million in 2021. The operational units and brands of Rosedowns and Stolz are included in the transaction. The Desmet Ballestra Group is currently owned by Financière DSBG, and ultimately controlled by Kartesia and Farallon.
The acquisition will operate as a stand-alone entity within the Food & Water Division of Alfa Laval. It strengthens Alfa Laval’s position in the markets for edible oils, biofuels, and plant- and animal-based proteins for food and feed. The acquisition will be fully financed via cash. The closing is expected during the second quarter of 2022, subject to customary conditions. The acquisition will have a positive impact on earnings per share and be marginally decretive to Alfa Laval’s EBITA margin.
Rothschild & Co advised on the sale of this transaction. For further detail please contact Graham Carberry.
Contact the deal team
DISCOVER our sell-side transactions
Sell-side M&A Advisory Services
We deliver hands-on, full-service sell-side mergers and acquisitions (M&A) strategies for private company owners, financial sponsors and blue-chip corporates across our core sectors.