Alfa Laval AB engages on energy optimization, environmental protection and food production. It operates through the following segments: Equipment, Process Technology, Marine & Diesel, and Operations & Other. The Equipment segment engages on sale of components to customers with recurring requirements and well-defined needs. The Process Technology segment serves customers that require customized solutions to enhance the efficiency of their processes or boost their capacity. The Marine & Diesel Division offers components, modules, systems and service for the marine and offshore markets and for land-based diesel power. The Operations & Other segment covers the procurement, productions, and logistics, as well as the corporate overhead and non-core businesses. The company was founded by Gustaf de Laval and Oscar Lamm in 1883 and is headquartered in Lund, Sweden.