Tetra Laval

Tetra Laval is a privately held multinational corporation of Swedish origin, with headquarters in Pully, Switzerland. The Tetra Laval Group provides packaging, processing and distribution solutions for a range of foodstuffs, including liquids, fruit and vegetables, ice-cream and processed food, additionally offering systems for agricultural production and herd management. The group operates in five business segments: milk production, food preparation, food processing, food packaging and food distribution.[1][2] The Tetra Laval Group includes Tetra Pak, DeLaval and Sidel. Tetra Laval was included in the Thomson Reuters 2011 list of Top 100 Global Innovators.[3][4]

The Tetra Laval Group

The Tetra Laval Group consists of the three independent industry groups Tetra Pak, DeLaval and Sidel.

Tetra Laval AB operates as a subsidiary to the holding company Tetra Laval International SA.[5] Tetra Laval International SA provides the financing, risk management and investment support needed by the Tetra Laval Group, with the additional responsibility of managing overall legal and financial structure and tax planning.[6]

History

The Tetra Laval Group was created in 1993 after Tetra Pak's acquisition of Alfa Laval in 1991 with the aim of forming a coherent structure under which both companies could operate within their respective fields. The part of Alfa Laval that was involved in processing was integrated into Tetra Pak while the part that produced farm equipment was recreated as a separate entity under the name of Alfa Laval Agri, later renamed DeLaval after Alfa Laval's founder Gustaf de Laval.[7] In 2000 Tetra Laval sold the part of Alfa Laval that was not directly involved in their business to Swedish investment company Industri Kapital, however retaining a part of the shares.[8] In 2001 Tetra Laval acquired French plastic bottle manufacturer Sidel. The merger was subject to anti-competitivity scrutiny from the European Commission but was finally allowed to go through after an appeal to the European Court of Justice.[9][10]

Facts and figures

Employees 2011:[11]

Net sales 2011 (m€):[12]

All above figures were updated May 2012

Competitors

British plastic packaging group RPC, Swiss SIG Combibloc and Norwegian Elopak are among the Tetra Laval group's main competitors.

Environment

The Tetra Laval Group has a pronounced policy for environmental excellence and sustainability.[13] Amongst others, the Group has established a prize for its suppliers within the transport sector, the Tetra Laval Environmental Award, to encourage sustainability within the supply chain.[14]

Community projects

Tetra Laval has a long standing policy of support for community projects, most notably within disaster relief support. In 2010, Tetra Laval provided in-kind and financial relief support to Haiti, Russia, Pakistan and Brazil and, in early 2011, Japan.[15]

References

  1. ↑ Tetra Laval International SA Bloomberg Businessweek, retrieved 9 December 2011
  2. ↑ Tetra Laval Group Tetra Laval Annual Report, retrieved 9 December 2011
  3. ↑ Tetra Laval Honoured for Innovation Food Ingredients First, retrieved 9 December 2011
  4. ↑ Thomson Reuters' 2011 List of Top 100 Global Innovators Thomson Reuters, retrieved 9 December 2011
  5. ↑ Tetra Laval AB Bloomberg Businessweek, retrieved 9 December 2011
  6. ↑ Tetra Laval On Green, retrieved 9 December 2011
  7. ↑ Our History Alfa Laval, retrieved 9 December 2011
  8. ↑ Industri Kapital has agreed to buy Alfa Laval from Tetra Laval Industri Kapital, retrieved 9 December 2011
  9. ↑ Where Next for Europe's Biggest Food Packager? The Economist, retrieved 10 December 2011
  10. ↑ Tetra Laval II: the Coming of Age of the Judicial Review of Merger Decisions Matteo F. Bay and Javier Ruiz Calzado in World Competition 28(4), p. 433-453, 2005
  11. ↑ Facts and Figures Tetralaval.com, retrieved 11 July 2012
  12. ↑ Facts and Figures Tetralaval.com, retrieved 11 July 2012
  13. ↑ Driving Sustainable Innovation Tetra Laval Annual Report, retrieved 9 December 2011
  14. ↑ Tetra Laval Honors Graebel International with Climate Award Graebel International, retrieved 9 December 2011
  15. ↑ Aid to Victims of Natural Disaster Part of our Business Responsibility Tetra Laval Annual Report, retrieved 9 December 2011

External links

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