Alfa Laval commences the recommended public cash tender offer for all shares in Neles on 13 August 2020

Alfa Laval AB (publ) (“Alfa Laval” or the “Offeror”) and Neles Corporation (“Neles” or the “Company”) announced on 13 July 2020 that they had entered into a combination agreement (the “Combination Agreement”) pursuant to which Alfa Laval undertook to make a voluntary recommended public cash tender offer for all issued and outstanding shares in Neles (the “Tender Offer”).