![]() ![]() “We must adjust the size of our organization to existing market conditions”, says Tom Erixon, President and CEO of the Alfa Laval Group. restructuring of the manufacturing footprint.separate some product groups from the new organizational structure.create a leaner organization, reflecting the new structure as well as adjustments to the weak demand situation in the oil & gas and marine sectors.The program includes the following initiatives: ![]() Savings, excluding effects on COGS, are expected to reach approximately SEK 300 million. Of the SEK 1.1 billion, some SEK 600 million are estimated to be non-cash items. These are expected to cause non-recurring costs of SEK 1.5 billion in total, of which SEK 1.1 billion was charged to the third quarter. The new organizational structure, in combination with prevailing market conditions, means Alfa Laval now introduces a program that will include three initiatives. Alfa Laval presents a restructuring programme as a result of the strategic review Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – today announces a restructuring programme, as a result of the strategic review. ![]()
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