Valeris has acted as advisor to Scanjet's owners in the sale of Scanjet to Alfa Laval. Scanjet is a global market leader within tank cleaning machines for the marine industry. The company's ITAMA concept (Intelligent Tank Management) is a uniquely broad product portfolio for tank management. Scanjet was founded in 1994 and has a large installed base and a strong position in the aftermarket. The company currently has revenues of approximately SEK 300 million with good profitability.

Valeris has carried out a global M&A-process in which both industrial players and PE companies, from Asia to the USA, have demonstrated great interest. Alfa Laval was selected as the preferred buyer and with its product portfolio and global market position will be able to further develop Scanjet's offering.

” Valeris has been instrumental in driving this global M&A-process. We have had a close relationship for many years where Valeris has supported the owners strategically and built great shareholder value for us. We are confident in handing over Scanjet and our staff to Alfa Laval and wish them all the best in the future.”

- Magnus Wallin, CEO and owner of Scanjet.

” We have worked closely with Scanjet's owners for several years and supported with Valeris' three areas of expertise, Strategy & Business Development, Buy side mandates and Sale side mandates. The collaboration began with a Strategic Business Plan and has included acquisitions and collaborations in Europe and Asia. In addition, we have supported the sale of non-strategic assets. We are pleased with the great interest in Scanjet and we believe that the company will be further developed together with Alfa Laval.”

- Johan Simonsson, Partner at Valeris.

” The mutual strategic and structural work has created a focused, strong and profitable group. This has enabled great global interest from strategic buyers. We are proud and happy to have helped create value for the owners.”

- Håkan Berntsson, Partner at Valeris.

For further information please contact:

Håkan Berntsson, Founding Partner                       Johan Simonsson, Founding Partner,
Valeris Advisory AB                                                   Valeris Advisory AB
Telefon: +46 707 59 77 00                                       Telefon: +46 706 26 72 38
E-post: hakan.berntsson@valeris.se                    E-post: johan.simonsson@valeris.se