Alfa Laval acquisition creates Norwegian family feud
Alfa Laval's acquisition of Norwegian pump manufacturer Frank Mohn has made son and major shareholder Frederik Mohn sound the alarm. The sale has not been settled completely yet, he says. A fact that is denied by Alfa Laval's CEO, according to Dagens Næringsliv.
BY KATRINE GRØNVALD RAUN
Alfa Laval's USD 2.16 billion acquisition of Norwegian pump manufacturer Frank Mohn has led to internal discord at the company, as following the announcement of the sale, son Frederik Mohn stepped onto the field. He is a major shareholder in Frank Mohn, with a 32 percent stake, according to Norwegian newspaper Dagens Næringsliv, and he says that he was not informed of the sale until Saturday.
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