Cavitation Technologies Inc. will expand its international operations as one of its key distributors, Desmet Ballestra, is being acquired by Alfa Laval.
The acquisition will strengthen Chatsworth-based Cavitation Technologies’ global position by opening more markets for its proprietary nano reactor applications and business opportunities, the company said in a release.
Cavitation manufacturers fluid processing systems for making edible oils, renewable fuels, alcoholic beverages and clean water.
Alfa Laval in Lund, Sweden is a leading global supplier of products and solutions for heat transfer, separation and fluid handling. Its products are used in the manufacturing of food, chemicals, pharmaceuticals, starch, sugar and ethanol.
Since 2010, Cavitation has granted an exclusive license to Desmet Ballestra — with exclusive rights to market, sell and supply its nano reactor systems — for the sole purpose of producing or processing plant oils and fats, or oleochemicals, according to the release.
Roman Gordon, global technology manager and founder of Cavitation Technologies, said the company looks forward to continuing its relationship with Desmet and Alfa Laval as it anticipates accelerated global sales in the coming months.
“We are thrilled to have an opportunity to expand our technology not only in vegetable oil refining but also in industrial and municipal wastewater treatment, pharma and biotech as well as other applicable industries,” Gordon said in a statement.
Shares in Cavitation Technologies (CVAT) closed down at nearly 5 cents on the over-the-counter market Tuesday.