ÅF further enhances its leading position within Food & Pharma
For further information:
|Per Magnusson, President Industry Division||+46 70 676 64 26|
|Viktor Svensson, Executive Vice President, Corporate Information||+46 70 657 20 26|
|Stefan Johansson, CFO||+46 70 224 24 01|
ÅF has acquired PRC Engineering and becomes an even stronger supplier to the Food & Pharma industry.
PRC Engineering are specialized in process design, automation, IT solutions and validation & quality assurance within the fields of life science, food & beverage, energy and other industries. Approximately 230 engineers in ten locations in Sweden serve customers with design, efficiency enhancement and automation of manufacturing and production sites. The company was founded in 1990 and sales for 2014 amounted to approximately MSEK 260 with good profit levels.
"We are impressed by PRC that has managed to grow with good profitability during the last years," says Per Magnusson, head of ÅF's Industry Division. "On a fragmented market, ÅF and PRC will become an even stronger provider of turnkey solutions. In addition to Food & Pharma, ÅF and PRC also complement each other when it comes to delivery of energy and industry related projects."
"Customer demand for supply of larger projects is growing" says Peter Bräck, CEO and co-owner of PRC Engineering. "We will now get the power to meet this demand and our engineers the possibility to work with even more interesting projects."
PRC will form part of the division Industry within ÅF, headed by Per Magnusson. A new business area will be created with focus on delivery of turnkey projects and professional services to customers within Food & Pharma. Employees from both ÅF and PRC will be part of the new business area.
ÅF is an engineering and consulting company for the energy, industrial and infrastructure markets, creating progress for our clients since 1895. By connecting technologies we provide profitable, innovative and sustainable solutions to shape the future and improve people's lives. Building on our strong base in Europe, our business and clients are found all over the world.
ÅF - Innovation by experience