According to media reports, the world's largest producer of heat exchanger in Sweden Alfa Laval (Alfa Laval) company to 5.03 billion kronor ($698 million) acquisition of the Swedish monte (Munters) company, which based on the existing business to add industrial dehumidifier food and energy production.

Alfa laval said in a statement today, its sent monte 68 kronor a share cash offer, about 30% higher than monte stock's closing price on Friday.

Alfa laval plan for dehumidifier and other climate control equipment sales in South America, eastern Europe and Asia market. Monte will bring alfa laval 3.8 billion Swedish kronor sales revenue, and alfa laval the current turnover of 26 billion Swedish kronor.

Investment and the company's two big shareholders Industrivaerden AB Latour holds a total of 29.6% of its equity, is now accept the offer alfa laval.