Industri Kapital cuts Alfa Laval stake with €111m share sale

Thursday 30 October 2003 at 16:00

Industri Kapital, the Swedish private equity firm, has raised Skr1bn (€111m) by cutting its stake in Alfa Laval from 26.9% to 17.9%.

Credit Suisse First Boston (CSFB) and Enskilda Securities which floated the heating equipment manufacturer last year, and handled the sale of the Kapital stake, said there was strong demand for the shares.