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LUND, Sweden - Industrial technology provider Alfa Laval and Lund University have established a formal strategic partnership to enhance collaboration on innovation and sustainability challenges, according to a press release issued Thursday. The move comes as Alfa Laval, with a market capitalization of $882.85 million, continues to demonstrate strong financial performance with 18.44% revenue growth over the last twelve months.
The new alliance builds upon decades of existing cooperation between the two organizations and aims to create a more structured framework for joint research initiatives. The partnership will follow the Triple Helix model, integrating industry, academia, and public sector resources. According to InvestingPro data, Alfa Laval boasts an excellent financial health score, which could provide a solid foundation for long-term research investments. InvestingPro subscribers can access dozens more insights about the company’s financial stability and growth prospects.
"This is an important strategic cooperation agreement in which we will work together to develop new technologies for energy transition, digitalization and sustainability," said Erik Renström, Vice-Chancellor of Lund University, which ranks third globally for sustainability.
The partnership will span multiple faculties and encompass various initiatives including research projects, master theses, climate action hackathons, and mini-credential programs.
Tom Erixon, CEO and President of Alfa Laval, emphasized the importance of bridging academic research with industrial applications: "By collaborating and viewing global challenges through a joint lens, Alfa Laval and Lund University will strengthen the important interface between academic research and industry application."
Both organizations have committed dedicated resources and established a unified governance model to ensure accountability and long-term impact from their collaboration.
Lund University, founded in 1666, has approximately 46,000 students and 8,600 staff members across multiple campuses in Sweden. Alfa Laval, which specializes in heat transfer, separation and fluid handling technologies, reported annual sales of SEK 66.9 billion (€5.8 billion) in 2024 and employs more than 22,300 people globally. The company currently offers a 3.89% dividend yield and maintains a strong return on equity of 62%, according to InvestingPro data. Based on the InvestingPro Fair Value model, the stock appears to be fairly valued at its current price of $2.98. Investors seeking deeper insights into Alfa Laval’s financial health and growth potential can explore comprehensive analysis tools at InvestingPro’s advanced stock screener.
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