Petroteq Energy Inc (PQEFF)

[Leirum]

Who could be the party behind the bidder?
Did they not sell Centrifuges to PQE? Alfa Laval AB specializes in the design, manufacturing and marketing of equipment and industrial systems for heating, cooling, separating and transporting of substances (oil, water, chemical and food substances, drinks, drugs, etc.). The activity is organized mainly arounf two families of products: - solid and liquid treatment systems: systems for cooling, evaporation, extraction, drying, etc. intended primarily for the food processing, pharmaceutical, petrochemical, and energy sectors; - production process equipment: decanters, heat exchangers, pumps, valves, air and liquid filtration systems, etc. Net sales are distributed geographically as follows: Sweden (2.4%), Europe (34.8%), China (15%), South Korea (8.3%), Asia (16.8%), the United States (14.3%), North America (2.3%), Latin America (3.9%), Oceania (1.2%) and Africa (1%). CONCLUSION: THE BIDDER IS A SMALL SWEDISH COMPANY ACTING FOR A THIRD PARTY: WOULD IT NOT MAKE SENSE WHEN THE REAL BODY BEHIND IT WOULD AS WELL BE SWEDISH COMPANY.